Do you feel bad while paying with BTC?

[TimeTeller]

that's why one of the reasons I still hold bitcoin for a long time until now is because I believe in the value of bitcoin which will continue to increase every time, no matter the bearish market or see a lot of media saying up to hundreds of times bitcoin has died, I always believe in bitcoin investment for long term so i never really want to use it also to pay for something even to buy a tesla car or a luxury house with my bitcoin i think being bitcoin as a digital asset is much better than having it as a means of payment  

Not everyone can hold long-term just like you as some have financial needs.
So for me, if you badly need to convert your btc to your fiat, why not?
Don't let yourself suffer with hunger or no lights just because you don't want to touch your satoshis.
You can always find a replacement for those coins, but the health and well-being, that's very important.
Remember, if you are in good health, you can always find a good job that can replenish what you've sold.

[Sanitough]

True, sometimes I am also very unwilling to exchange the Bitcoins I have into fiat, like what I did was wrong, but I have no other choice, because most of my assets are in the form of Bitcoins and whenever I really need money I will exchange them. But if I have stablecoins, I usually prefer to pay using stablecoins, and if I have extra money I will usually invest it back into Bitcoin.

This means that all of our major transactions are still reliant on fiat. We always think about the future value of Bitcoin which makes us uncomfortable spending it but instead, we use to convert it into fiat money which is just the same. We just realized that we are not yet ready for the said adoption because internally, we are not prepared. In reality, people had come to the crypto world not because they want to buy Bitcoin and use it for payment but rather because they come here solely for investment purposes.

Certainly, people need crypto so they can make it as an investment and when they start making profits, eventually they also use it to invest more and grow their expected profits. That’s why people crave for bitcoin, not because they want to have more funds when this bitcoin converted into fiat, but because they want to maximize their investment so that in the future when bitcoin price is at its peak, they will be able to enjoy the huge profits that bitcoin can give.

[Botnake]

that's why one of the reasons I still hold bitcoin for a long time until now is because I believe in the value of bitcoin which will continue to increase every time, no matter the bearish market or see a lot of media saying up to hundreds of times bitcoin has died, I always believe in bitcoin investment for long term so i never really want to use it also to pay for something even to buy a tesla car or a luxury house with my bitcoin i think being bitcoin as a digital asset is much better than having it as a means of payment  

That’s why most of us here are hodling bitcoin and spending fiat, because we know the fact that bitcoin could reach at its peak price in its most unexpected time. And because we don’t want to miss that chance, we prefer to keep bitcoin as a long term investment rather than to use it as a currency. However, I don’t see wrong with that as everyone here as it’s own time preference when to sell, but if we can also spend a portion of bitcoin to fulfill our needs, for me that’s not bad though as we opt to enjoy the fruit of what we had been working for long.

[serjent05]

True, sometimes I am also very unwilling to exchange the Bitcoins I have into fiat, like what I did was wrong, but I have no other choice, because most of my assets are in the form of Bitcoins and whenever I really need money I will exchange them. But if I have stablecoins, I usually prefer to pay using stablecoins, and if I have extra money I will usually invest it back into Bitcoin.

This means that all of our major transactions are still reliant on fiat. We always think about the future value of Bitcoin which makes us uncomfortable spending it but instead, we use to convert it into fiat money which is just the same. We just realized that we are not yet ready for the said adoption because internally, we are not prepared. In reality, people had come to the crypto world not because they want to buy Bitcoin and use it for payment but rather because they come here solely for investment purposes.

Just turn off the greediness within us and we will find spending BTC to pay for our purchases satisfying.  I am not saying stop accumulating Bitcoin, but if we happen to spend Bitcoin because our funds is in it, then we should accept it wholeheartedly in order to live a happy and peaceful life.

We cannot have peace if greed engulfs us.  So better let go of the regrets of the past Bitcoin expenses.  if we feel bad spending Bitcoin then we must not use Bitcoin as a mode of payment.

[nara1892]

Actually, for conditions like this, I think it depends on you whether you really want to do something like this or not, because there are many people who do it now, although it's not uncommon for people to regret their assets, in this case bitcoin, to spend.
But I think I'll also be in the second bracket for now nor would I really intend to do something like that and would rather have paper or fiat money to spend over bitcoins. Even though it's like that eventually I too will do at least 1 or 2 times just to try to do the thing.

[DoublerHunter]

that's why one of the reasons I still hold bitcoin for a long time until now is because I believe in the value of bitcoin which will continue to increase every time, no matter the bearish market or see a lot of media saying up to hundreds of times bitcoin has died, I always believe in bitcoin investment for long term so i never really want to use it also to pay for something even to buy a tesla car or a luxury house with my bitcoin i think being bitcoin as a digital asset is much better than having it as a means of payment  

That’s why most of us here are hodling bitcoin and spending fiat, because we know the fact that bitcoin could reach at its peak price in its most unexpected time. And because we don’t want to miss that chance, we prefer to keep bitcoin as a long term investment rather than to use it as a currency. However, I don’t see wrong with that as everyone here as it’s own time preference when to sell, but if we can also spend a portion of bitcoin to fulfill our needs, for me that’s not bad though as we opt to enjoy the fruit of what we had been working for long.

^Definitely right and also there is nothing wrong with using BTC to fulfill your immediate needs and enjoy the benefits of your hard work. It is all about finding a balance between holding onto your investment for the long term and using it to enhance your current lifestyle. Because for me, I will not hesitate to use my BTC if I am badly needed on it, at least it fulfills when the time I needed it. That is the purpose of BTC and the reason it was created, to become an alternate payment in fiat but people see an opportunity to make a profit by holding its value on it.

[Finestream]

that's why one of the reasons I still hold bitcoin for a long time until now is because I believe in the value of bitcoin which will continue to increase every time, no matter the bearish market or see a lot of media saying up to hundreds of times bitcoin has died, I always believe in bitcoin investment for long term so i never really want to use it also to pay for something even to buy a tesla car or a luxury house with my bitcoin i think being bitcoin as a digital asset is much better than having it as a means of payment  

I am also in the same shoes right now. I know how bitcoin started from a scratch until it reaches its present market value that’s why i also intend to keep my bitcoin as much as I can until I’ll achieve my goal price. I don’t want to live regretting wishing if only I didn’t spend my bitcoin earlier. Good thing I still have enough fiat to spend for now, that’s giving me an advantage to focus on bitcoin as my long term investment, and maybe only spend when the price is right.

[laurenB7742]

... But he can now fail to realize how stupid he was then by spending the bitcoins

Why is it stupid for someone to use bitcoin? Bitcoin is not money? and money is to serve us. If you are sure that bitcoin will give you profit and no risk, I think you should sell all your house and possessions to invest in bitcoin. Because then later you will become rich and you do not need to work anymore.

Laszlo Hanyecz made history and proved to the world that Bitcoin works and has value, he has no regrets. I bet you, if you were at that point, you wouldn't even dare to buy bitcoin, let alone use it. The future is unpredictable, so don't pretend to be smarter than anyone, we should be grateful to those who made history and made bitcoin what it is today.

[LogitechMouse]

~
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

At first, yes I felt bad, but over the years of using it to buy things, I didn't felt it anymore. I'm not directly using Bitcoins to buy things online, but I'm converting it. I mean it's the same right since it started as a Bitcoin, and then converted it.

I felt bad when I used my own Bitcoins to buy my personal computer. I think I spent around 0.09 BTC at that time, but that was around 2019 when Bitcoin's price is still 4-digits. Fast forward to today, I'm not feeling bad anymore because if I didn't bought my computer at that time, I don't have anything to use now. It wasn't only personal computer that I bought using Bitcoins. I also bought a phone with it. I'm also getting some of my Bitcoins to pay some bills in our home (thru signature campaigns). Month after month after month, I'm using Bitcoins to buy or pay things (like I said, I'm not directly using Bitcoins, but I'm converting it).

Overall, it depends on the person who has Bitcoin. If he sees Bitcoin as an asset, and believe that it will go up in the future then just hold. On the other hand, if he sees Bitcoin as a currency that we must use to pay things then just use it because after all, Bitcoin is a currency at first. As for me, I see it as both an asset and a currency that's why I'm holding Bitcoins, and at the same time spending it.

[KiaKia]

I'd you can't spend your Bitcoin why are you using Bitcoin? I have used Bitcoin to buy many things in my life, 80% of all my properties and belongings are from Bitcoin money, I don't feel bad about spending Bitcoin because I will get Bitcoin in another way, it's like saying you feel bad eating your favorite food when you can go out and buy that same food over and over every day or when you like, there is nothing to worry about unless you stay out of Bitcoin and decide to never get into Bitcoin again.

[AicecreaME]

I've never tried paying something using bitcoin because I know that it's a way of its potential at some point in the long run as of now. The profit you could gain versus fiat is incomparable, so I always prefer using fiat buying anything, less hassle and much cheaper in my opinion since bitcoin fee is gonna add up to the amount you're gonna pay for a certain product.

[coinerer]

... But he can now fail to realize how stupid he was then by spending the bitcoins

Why is it stupid for someone to use bitcoin? Bitcoin is not money? and money is to serve us. If you are sure that bitcoin will give you profit and no risk, I think you should sell all your house and possessions to invest in bitcoin. Because then later you will become rich and you do not need to work anymore.

Of course Bitcoin is a form of money.  And bitcoin secures our life and fulfills our need for money. But then we are stupid when we spend bitcoins in dip market even when the price is very low and after spending we don't buy them again in the dip market and hold them. Bitcoin is certainly capable of providing profits and continues to do so. Therefore, investing in Bitcoin by selling your house is not that logical.  It is true that if the business is done properly it is possible to get huge amount of profit from it.  So in this case you will sell your houe and jump into business? You must go to business according to your ability.  Bitcoin investment is also a type of business.  It is better to invest in Bitcoin according to your ability

[Gladitorcomeback]

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

Paying with BTC is not bad option if you split btc into two parts. one parts for holding and other for spending via online transactions. unfortunately our country has not regulated Btc and crypto yet and there is no shops and service where we able to make payments through Btc.

Stable coin is Another good option for using online transactions that you mentioned because Btc price is not stable and for long term it can give you good profit if you hold tightly. By the way i am waiting to spend my first Btc transaction for online purchase and i hope our country Will adopt it soon.

[kizlod]

I paid with Bitcoin once, but I felt kinda bad. It was kinda necessary, but not the question of life and death. But I bought later even more BTC at a lower price, so I don't regret it at all.

[bettercrypto]

For now of course, knowing that bitcoin's value will increase by 100k$ each, I feel honestly speaking it is really sad to make it an online payment.

      If I have cash to buy it for now, then maybe when I have accumulated a lot of bitcoin or depending on the situation, I may as well not use bitcoin as payment because of the value it has now.

[Mate2237]

Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

Paying with bitcoin is the best dream everyone who uses bitcoin is hoping for.  And that can only be achieved if the country adopt bitcoin as the payment method as the Fiat. And if the gooods you want to pay with bitcoin is worth amount with your wallet funds and the seller accepts bitcoin directly to her or she wallet account then that what we need. I will never feel bad paying with bitcoin.

Concerning the man that bought pizza with bitcoin should not be blame because the same thing is still happening in the globe. You are trying to say that the man lost a lot of money, then I also ask this question again, you bought bitcoin as the rate 4$ and bitcoin came down to 15$ and you have a urgent need to settle, and the only option is to sell the bitcoin and solve the problem. So I also see this as the same the pizza man

[Forum_Coordinator 01]

Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

What system in particular are you referring to? System of government?

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

That happened a long time ago; I guess that was the first practically presided Bitcoin usage. It wasn't Worth anything more than chips and pizza way Back,. I think that was also done to clear a pathway for the P2P Trnx process which enables a greater amount of scalability today.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.

It's not even advisable to sell off your coins for the fact that the market is bad or diminished greatly; it's even advisable to buy at that point so it would carry you along to it Apex. Sounds really weird but it's even weirder if you begin to sell now at a big lost.

[uneng]

I've never tried paying something using bitcoin because I know that it's a way of its potential at some point in the long run as of now. The profit you could gain versus fiat is incomparable, so I always prefer using fiat buying anything, less hassle and much cheaper in my opinion since bitcoin fee is gonna add up to the amount you're gonna pay for a certain product.

To make purchases with bitcoin is only worthless if you don't replenish your portfolio from times to times, through DCA, for an example. But if you are constantly acquiring new portions of BTC, it won't be an issue to pay for goods and services with bitcoin, as it just mean you are swaping fiat into crypto to use it as money on the present moment, without prejudicing your long term profit potential.

The pizza guy who spent 30 bitcoins was mentioned, but even him shouldn't feel bad about it, because if he had 30 BTCs for a pizza, I believe he had much more for holding purposes... It wasn't spending 30 BTCs in a pizza that prevented this guy from getting millionaire through BTC and it won't be your daily purchases with BTC that will prevent you from profiting from the investment futurely.

[AmoreJaz]

I've never tried paying something using bitcoin because I know that it's a way of its potential at some point in the long run as of now. The profit you could gain versus fiat is incomparable, so I always prefer using fiat buying anything, less hassle and much cheaper in my opinion since bitcoin fee is gonna add up to the amount you're gonna pay for a certain product.

To make purchases with bitcoin is only worthless if you don't replenish your portfolio from times to times, through DCA, for an example. But if you are constantly acquiring new portions of BTC, it won't be an issue to pay for goods and services with bitcoin, as it just mean you are swaping fiat into crypto to use it as money on the present moment, without prejudicing your long term profit potential.

The pizza guy who spent 30 bitcoins was mentioned, but even him shouldn't feel bad about it, because if he had 30 BTCs for a pizza, I believe he had much more for holding purposes... It wasn't spending 30 BTCs in a pizza that prevented this guy from getting millionaire through BTC and it won't be your daily purchases with BTC that will prevent you from profiting from the investment futurely.

also, do remember, if you are using your satoshis to your basic needs, then for me, that's not worthless. you can always replace your used satoshis but being hungry, you couldn't replace it. your health is more important than your satoshis.
so i don't feel bad if i am converting my btc to fiat to buy food or paying my monthly bills. you can always find ways how to acquire satoshis. don't let yourself go in deep debt because you don't want to spend your satoshis. better sleep in peace rather than be stressful from the people you owed money from.

[Supreemo]

somehow, coz I couldn't help but think about the potential value after spending it. though we think that we are just using it as what it is supposed to play on its role, we cannot avoid thinking "if only I didn't spend it, it should have been this big $$ already". way back when I was using bitcoin to pay for bills and other stuff, my regrets isn't that great as I have right now, but somehow after having much thought, I'll just console myself saying "if I didn't used that before, I wouldn't be here where I am today".