Do you feel bad while paying with BTC?

[nakamura12]

actually, every one have their own choice with different reasons to use bitcoin as daily use payment. In my point of view, i choose to store bitcoin in my wallet (holding) and some of my bitcoin will be traded on short trading, then after i get some profit i usually withdrew the btc to fiat before use for payment on daily purchasing. 

Nothing wrong with laszlo that he bought pizza for 10.000 btc, it was his choice to do it. No one knows exactly what will happen in the future including the price of bitcoin will rise or drop.

That's much the same as paying with BTC. When I want to buy something or to purchase something then I had to sell some of my BTC to fiat so that I can buy it. Cryptocurrency is not banned in my country but there aren't establishment that accept crypto as one of the payment method use in transactions that's why I sell BTC to fiat before buying. Better focus on the question in the title, my answer for that will be No, I won't feel bad while paying BTC. BTC is created for that purpose and more. It's up to us on what to do with it and what you want to spend with your BTC.

[bayu7adi]

Those people who do not touch their BTC are investors and use Bitcoin as a tradeable asset and not as currency.  Obviously, they will feel bad if they are forced to use their investment due to a lack of fiat currency funds.  But for those who look at Bitcoin as a currency, will be happy to find merchants where they can pay in BTC.  I am one of these kinds of people that don't feel bad paying with BTC.

The true function of Bitcoin, as @serjent05 aptly stated, is that it serves as a digital currency that enables peer-to-peer transactions without the need for intermediaries such as banks. However, Bitcoin attracts individuals with diverse objectives. Some consider it as the best long-term investment, while others view it as a speculative model with high profit potential, and some employ it solely for transactions, among other purposes. This multiplicity of functions is a significant advantage for Bitcoin's existence since one asset can have multiple functions depending on the owner's perspective.
Transacting with Bitcoin is seamless as it offers security, anonymity, low transaction fees, fast transaction speed, and decentralization. These features are unmatched when compared to bank transactions.

When determining your perspective on the future of Bitcoin, consistency is key. There is nothing wrong with adhering to your chosen perspective.

[bettercrypto]

Honestly, when it comes to whether I will use bitcoin as payment or convert it to fiat, I 100% regret spending it because I have no choice because I have to do it.

     That's why I do if I have a chance to buy bitcoin even if it's a small amount I really buy and save it, because as much as possible I need to replenish the bitcoin I have taken out, that's what I do.

[Oasisman]

Honestly, when it comes to whether I will use bitcoin as payment or convert it to fiat, I 100% regret spending it because I have no choice because I have to do it.

     That's why I do if I have a chance to buy bitcoin even if it's a small amount I really buy and save it, because as much as possible I need to replenish the bitcoin I have taken out, that's what I do.

Don't feel bad about it though, using Bitcoin as a payment is like an act of support for Bitcoin as a currency. We don't only treat Bitcoin as a store of value, but we have to use it to pay for something so we can really call it a currency, not just an asset or investment.
Me, personally haven't had more Bitcoin spent on payments, but whenever I do that's the first thing that comes to my mind and I don't really mind the regrets of spending the future value of it, because I have somehow contributed on the continued development and adoption of Bitcoin.

[kawetsriyanto]

Don't feel bad about it though, using Bitcoin as a payment is like an act of support for Bitcoin as a currency. We don't only treat Bitcoin as a store of value, but we have to use it to pay for something so we can really call it a currency, not just an asset or investment.

It is true that using Bitcoin for purchasing goods is a contribution to support Bitcoin as a digital currency. Sadly, not everyone can do it because Bitcoin still cannot be used as a payment tool anywhere. In my country, you are forbidden to use Bitcoin as a currency since it is against the law. TBH, I really want to use Bitcoin as a payment tool but it can't, I don't want to get in trouble with the law. I assume that many people also experience the same as me.

Me, personally haven't had more Bitcoin spent on payments, but whenever I do that's the first thing that comes to my mind and I don't really mind the regrets of spending the future value of it, because I have somehow contributed on the continued development and adoption of Bitcoin.

It is good that you have a good mindset to have a contribution to Bitcoin development/adoption. Why do you don't use it as a payment tool? If it doesn't against the law in your country, you can try to use it for payment purposes.

[cheezcarls]

If I think of Bitcoin as a “utility” rather than an investment opportunity, I won’t feel bad about it especially if I am using the lightning network.

This happens right now in Boracay where a lot of shops, transportation, groceries, etc., or any service out there are accepting Bitcoin lightning for payments via Pouch.ph wallet. They are Bitcoin maxis at most but as “utilitarians”.

I have some BTCs right now since I have began doing DCA last year stored in my hardware wallet and yes I would feel bad about spending them for unnecessary reasons (unless if there’s emergency where it’s the very last option).

[CryptSafe]

actually, every one have their own choice with different reasons to use bitcoin as daily use payment. In my point of view, i choose to store bitcoin in my wallet (holding) and some of my bitcoin will be traded on short trading, then after i get some profit i usually withdrew the btc to fiat before use for payment on daily purchasing. 

Nothing wrong with laszlo that he bought pizza for 10.000 btc, it was his choice to do it. No one knows exactly what will happen in the future including the price of bitcoin will rise or drop.

That's much the same as paying with BTC. When I want to buy something or to purchase something then I had to sell some of my BTC to fiat so that I can buy it. Cryptocurrency is not banned in my country but there aren't establishment that accept crypto as one of the payment method use in transactions that's why I sell BTC to fiat before buying. Better focus on the question in the title, my answer for that will be No, I won't feel bad while paying BTC. BTC is created for that purpose and more. It's up to us on what to do with it and what you want to spend with your BTC.

Same too but what I myself did was to separate my bitcoin accounts. I have a bitcoin account for long term holding, one for emergency and one for trading that is how I roll with my bitcoin. So changing it to fiat is not a problem for me as I have already split them for various purpose with different wallets.
Then for my country it is not  that government put a ban on Crypto currency but the central bank in my country put a ban on the bank from transacting with Crypto currencies and since then no one date talk about it in the bank or conduct transactions with a note related to Crypto on their transaction otherwise you face the risk of loosing you funds and account blocked but we do p2p trade for exchange of bitcoin to fiat very easy for us so it is a no issue  for us in my country.

[cydrix]

I can relate to your emotion, which is positive given that you may be cautious, sensitive, and aware of the asset worth of bitcoin. This shouldn't deter you from using your money, though, since it's not just for investments. Just make sure you have a significant quantity of cash in your wallet left over for the investment; do not sacrifice yourself of pleasures in life as a result.

[mvdheuvel1983]

What are your thoughts about this?

I rarely make payments with bitcoin or any stable coin locally.
There have been only two instances where I made payment with bitcoin locally and it was just to serve as an illustration to some people who didn't believe in its fast payment. So I bought a bottle of my favourite Vodka and paid for it with bitcoin.
Another instance of using bitcoin locally, was also to prove to some audience that bitcoin was money as well and can be used for good purpose.
I do most cross-border payment in bitcoin. Especially importation. It is fast, cheaper, reliable, and efficient. First was buying a mac book and paying for it and its shipping fee in bitcoin.

[OgNasty]

I would never feel bad for paying for something in crypto.  I'm not one of these guys that makes fun of pioneers who paid astronomical sums of BTC (looking backward) for things like pizzas, alpaca socks, honey, or whatever else was being offered for BTC back in the day.  It's these purchases that give Bitcoin value.  If everyone was spending it freely and accepting it, we would see increased comfortability and adoption that would surely benefit us all.  Don't be one of these guys who refuses to spend your crypto.  Just make sure to replace it with fiat and you'll be fine. 

[nakamura12]

Many people don't understand how bitcoin was as of that time so when they heard that someone like Laszlo Hanyecz used 10 thousand bitcoin to buy 2 pizza as for then, the money is too big to buy the pizza. They have not considered how much was bitcoin as of then. They always thought of the present price of bitcoin. Therefore, using bitcoin to buy someone is different from what has been used in those years. Because in those days bitcoin was growing and now bitcoin is expanding to all corners in the world. So if I use bitcoin bitcoin to buy something in my area, I will feel happy.

They should have make more research about Bitcoin and the story rather than saying something without full support and I think that's why they don't understand how Bitcoin was at that time. That's just prove that they only know the story about a person who bought a pizza with 10k of Bitcoin and didn't even think about that it was before and right now is a different story since the BTC price is volatile which means it is changing time after time.

[Quidat]

Many people don't understand how bitcoin was as of that time so when they heard that someone like Laszlo Hanyecz used 10 thousand bitcoin to buy 2 pizza as for then, the money is too big to buy the pizza. They have not considered how much was bitcoin as of then. They always thought of the present price of bitcoin. Therefore, using bitcoin to buy someone is different from what has been used in those years. Because in those days bitcoin was growing and now bitcoin is expanding to all corners in the world. So if I use bitcoin bitcoin to buy something in my area, I will feel happy.

They should have make more research about Bitcoin and the story rather than saying something without full support and I think that's why they don't understand how Bitcoin was at that time. That's just prove that they only know the story about a person who bought a pizza with 10k of Bitcoin and didn't even think about that it was before and right now is a different story since the BTC price is volatile which means it is changing time after time.

No one could predict the future and this is why these kind of spendings is something that we couldnt really blame on that someone who do make use of their coins for such transaction.
Yes, its waste because if we do try to convert out that amount of as of todays value then it is really something that life changing. Not all are really meant to be that rich or to be successful
because if you do have just that strong belief about bitcoins potential then you would be able to cherish out that extreme profit that you had made out.
Well, not everyone could be able to hold up for too long.

[nakamura12]

No one could predict the future and this is why these kind of spendings is something that we couldnt really blame on that someone who do make use of their coins for such transaction.
Yes, its waste because if we do try to convert out that amount of as of todays value then it is really something that life changing. Not all are really meant to be that rich or to be successful
because if you do have just that strong belief about bitcoins potential then you would be able to cherish out that extreme profit that you had made out.
Well, not everyone could be able to hold up for too long.

Yes, It is true that no one can predict the price of Crypto like Bitcoin accurately but there are some people who still make a prediction about its price in the future. Like you said, no one can predict the future. So basically, he didn't expect or he didn't know that Bitcoin's price or value in  usd would reach $28k or even reach its ATH before because if we can predict the future then  wouldn't spend his BTC to pizza since he will know or he knows what will happen in the future. In the end, if that happen during this time then many people will say he just wasted his money and I think some people will say they can't believe that someone is paying that amount of BTC for a pizza or maybe some will say harsh words like he is an idiot for doing that. Honestly, there's nothing we can do since it's in the past and we shouldn't take it seriously.

[Odusko]

It makes me feel good whenever I can pay with Bitcoin for goods and services directly with Bitcoin, this will give me more joy than Havant to first convert my Bitcoin to local currency before I could spend it, there has not been a lot of development that allows crypto-merchant payments but if I can fine and it will be a helpful tool for making payment.
But then each time i could exchange Bitcoin for any other currency to make transactions this further shows how flexible Bitcoin has become to be easily converted to fiat and also convert Fiat to Bitcoin effortlessly makes me feel really good.

[Jon_Hodl]

I understand the concern and where you are coming from but if it wasn't for the people who came before us to spend their bitcoin, then we wouldn't have come as far as we have.

Also, if miners never sell/spend, then nobody else would ever have bitcoin. The fact that any of us have bitcoin means that somebody had to spend/sell to get to where we are today. It's all part of the process.

I think I would only feel bad if I never bought/accepted more after I spent. Spend and replenish is a great strategy when you actually spend bitcoin.

[Abiky]

If I think of Bitcoin as a “utility” rather than an investment opportunity, I won’t feel bad about it especially if I am using the lightning network.

This happens right now in Boracay where a lot of shops, transportation, groceries, etc., or any service out there are accepting Bitcoin lightning for payments via Pouch.ph wallet. They are Bitcoin maxis at most but as “utilitarians”.

I have some BTCs right now since I have began doing DCA last year stored in my hardware wallet and yes I would feel bad about spending them for unnecessary reasons (unless if there’s emergency where it’s the very last option).

The number of people really using BTC as cash is very small. The vast majority of people worldwide sees Bitcoin as an investment or a means to get rich quick. Therefore, market prices matters to them at the time of making a purchase. I don't blame them since the world still moves around Fiat. As long as we're living in the "Fiat Standard", don't expect Bitcoin to go anywhere soon.

I'm fine with that as long as BTC delivers as promised. There are many merchants accepting the cryptocurrency worldwide, so there should be nothing to worry about. Who knows how big BTC will become in the future? Just my thoughts

[cozytrade]

When I can pay in Bitcoin I love how modern and technologically advanced my country is.  Paying in Bitcoin is very easy and worldwide Bitcoin payments are done without any banking hassles.  So paying in Bitcoin is a great pleasure for me.  But as much as I pay with bitcoins somewhere, I buy back bitcoins and store them. So I don't have any bad feelings for spending my bitcoins paying in bitcoins for buying something.

[Marvell1]

If I think of Bitcoin as a “utility” rather than an investment opportunity, I won’t feel bad about it especially if I am using the lightning network.

This happens right now in Boracay where a lot of shops, transportation, groceries, etc., or any service out there are accepting Bitcoin lightning for payments via Pouch.ph wallet. They are Bitcoin maxis at most but as “utilitarians”.

I have some BTCs right now since I have began doing DCA last year stored in my hardware wallet and yes I would feel bad about spending them for unnecessary reasons (unless if there’s emergency where it’s the very last option).

The number of people really using BTC as cash is very small. The vast majority of people worldwide sees Bitcoin as an investment or a means to get rich quick. Therefore, market prices matters to them at the time of making a purchase. I don't blame them since the world still moves around Fiat. As long as we're living in the "Fiat Standard", don't expect Bitcoin to go anywhere soon.

I'm fine with that as long as BTC delivers as promised. There are many merchants accepting the cryptocurrency worldwide, so there should be nothing to worry about. Who knows how big BTC will become in the future? Just my thoughts

This is true, I guess 99% of bitcoin holders see bitcoin as an investment rather than a currency, and to be honest, I am also looking at bitcoin as an investment rather than using it for payment maths.

Nowadays, everyone wants to earn more money because life is getting harder and harder, and without money, bitcoin as a means of payment means nothing to us. So I don't see anything wrong with people treating bitcoin as an investment, and using it to spend is sometimes a waste. I know bitcoin is made to be a payment method, not an investment, but I really prefer to have bitcoin as an asset, an investment.

[BVeyron]

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.

I also think that it's a good decision to hodl a bit. The problems occur with the amounts to hodl, to buy and to sell... That's like gambling, especially if it comes to altcoins. As for stable coins, I suppose that it can be only long-term investment. Although the established project rarely becomes a scam, it's price is not eager to rise dramatically...

[Magic-Money]

Bitcoin as a means of payment is a very good one as long the both parties or the organization has the knowledge of bitcoin, and the value rate as it apply base on the current price to sent individual has not to feel bad, accept the price depreciate after the transaction has been take place, in other words is added advantages when the price appreciate more and good to have patience, because bitcoin is a patience business.