Spending Bitcoins

[queenlaurel]

Bitcoin is known by few people and not all in my country. Its not yet out there where because it has not being widely spread. Our government have not really passed any bill on it, either accepting or otherwise.  Only few of who knows about it engage in it. It being used daily for retailing business for now is a far cry.

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[jeremypwr]

I really, really hate to spend BTC.  It's almost like I feel I'm spending a precious commodity such as gold or silver.
I know it's good for the cryotp economy when people spend their BTC, but I personally am not a big fan.
Unless it's going to a support group or charity, then it's ok.

[eroejoe]

Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.

Right now, I am student and live in rented apartment in the city where I study. My lessor did not accept Bitcoin as payment method. Beside that I pay bills in post office which i also can not pay with Bitcoin. It would be nice and easy to pay bills and rent for apartment with bitcoin in my opinion. Also in market place i buy food and all other needed things with Croatian currency which name is Croatian kuna (HRK).

[yvesp110]

When the time comes that Bitcoin is widely known and accepted. It will bring about transcation thru digital currency in almost every country. Today we are still on its early stages which is good.

Bitcoin could be spent in any way you love to. For instant transaction and for purchasing a car. This is the money in the internet. You just can’t see or fell it physically. Profits earned as a result of investment in Bitcoin are invested again in the coins by those who have gotten an insight to the potential of the technology. It is also an asset and a store of value.

[missmaria]

Today it's kinda complicated, it's accepted only by several companies; also goverments are against it.

[jepoyr1]

If you still using bitcoin to buy power for the production of more cryptocurrency, then this is probably the best investment for bitcoin users. That is in vain to give bitcoin not advise.

[frankybutterin]

in my country Indonesia does not allow bitcoin and cryptocurrency as a valid payment instrument. but allowing it to be traded as a digital asset. so in my opinion most bitcoin account holders in indonesia to trade or exchanged into fiat money then I use to buy needs a day.

[pendekar cinta]

The main factor that prevents me from using bitcoin in transactions is the government's ban on digital currencies so there is no business at all who dared to break the rule if still insisted to use bitcoin as a means of payment.

[BitcoinTurk]

To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.

Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi

Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.

Unfortunately, Bitcoin use is not very popular in my country. That is why I can not say that I use it a lot in my daily life, but I am always in a shop if I will talk about the internet world. I am constantly receiving or sending Bitcoin for both investment and services and product purchases. I think it will start to be used in everyday life in all countries within a few years.

[concept2]

I do not like the idea of spending bitcoin. However, holding bitcoin is one of the biggest ways to destroy bitcoin. Sastoshi nakamoto created bitcoin in order to make new kind of money. Suddenly, people turns it into an investment and it is not really goood.

[SkiOlya]

Where I live about bitkoin know very little and exactly who will not take it for goods or services. In the Internet, too, it is not very profitable to buy for bitcoins, it's better to exchange it for money first and buy it for money. But still I use some services where they accept payment in bitcoins.
It was good to have a card on which you can pay in stores and replenish it with bitcoins or other crypto-currencies.

[13risingforce]

I do spend my bitcoin mostly in digital goods, since I have yet to see a store accepting bitcoins in my country if I saw one I will probably buy something with bitcoin just to help them out.

[Lyne1982]

Actually, in our current situation, we can not still use our bitcoin in day to day expenses, Like fair in buses and jeepneys, they don't accept yet bitcoin since they were public transport and Bitcoin transactions requires internet and gadget to transact. Another example was in food chain, not all food chain accepts bitcoin, in our country I can not give anyone, there is a news that US, there is already a store accepting it. There were other many examples why Bitcoin is not yet applicable to daily expenses, hoping that maybe in next five years it will be world wide accepted.

[Maslate]

I do spend my bitcoin mostly in digital goods, since I have yet to see a store accepting bitcoins in my country if I saw one I will probably buy something with bitcoin just to help them out.

Nowadays the store that are accepting bitcoin are growing but normally we can see it more in a more progressive country.
In our country, I have not seen a lot of stores accepting bitcoin yet so I decided to hold most of my bitcoins for the future, now the price is cheap
so not wise to sell because I always want profit that is why I invested.

[TheClownSong]

To grow the adoption of bitcoin we need people spending it as a daily currency.
In my country there is not much I cant buy with bitcoins.
Granted not a lot of retailers accept BTC yet but with all the services available now they dont need to.
A bitcoin debit card can be very handy.

Nowadays if I need to pay a bill then I can pay any bill via a site called livingroomofsatoshi

Please list any reasons why you could not use bitcoin for day to day expenses and maybe we can find a way.

Not many merchant accepting bitcoin for payment if we want to spend our bitcoin because many government ban it. Beside that, not many people understand about bitcoin or cryptocurrency.

[genocide]

Here is the possible reason, when the time comes that the price will get higher than before, you will have a big loss if you spend it with your daily transactions. And as it will be your investment, it should be remain as your investment that will earn profit and it will serve as your hidden wealth when the right time comes especially in your old days.
       

[Jackblack90909]

Spending BTC should be the last choice, if you really haven't any other choice to resolve your financial problems and paying your daily bills. But always try to hold your BTC for long term, and spend your fiat money instead BTC, because Bitcoin is not just a currency, but it is also an asset, and the price will increase highly in the future.

[Gheka]

I really, really hate to spend BTC.  It's almost like I feel I'm spending a precious commodity such as gold or silver.
I know it's good for the cryotp economy when people spend their BTC, but I personally am not a big fan.
Unless it's going to a support group or charity, then it's ok.

I also hated, Bitcoin always shows a rising trend over time, spending bitcoin is not a good idea, that can be a biggest regret of us, so even if the charities need support, I also use cash instead of Bitcoin. Bitcoin should only be used for investment or holding, it will bring greater benefits to us in the future, in addition, in the present moment, when bitcoin becomes too developed and many scammers also start using bitcoin to scam, governments are also becoming annoyed and forbidding issues related to bitcoin, spending bitcoin will become an illegal thing, and I never want to stick to the law, so not spending bitcoin

[kumala_abi]

Spending BTC should be the last choice, if you really haven't any other choice to resolve your financial problems and paying your daily bills. But always try to hold your BTC for long term, and spend your fiat money instead BTC, because Bitcoin is not just a currency, but it is also an asset, and the price will increase highly in the future.

if not in a state of urgency, we better not sell our bitcoin. because the future bitcoin prices will be higher because it can be accepted as a payment system by various countries.

[martychubbs]

i like to spend my bitcoin always when its on high price , i very do not like to spend it when its cost so cheap , iam always thinking that i paid 2 times more in future