Retaining value with Bitcoin Circular economy and Marketplaces

[Ucy]

Aside holding bitcoin, spending it right can actually help increase price and value. It has to be spent in a manner that is good and beneficial to people especially bitcoiners, the bitcoin economy and bitcoin system.
The idea is to have people spend their bitcoins on things that keep them healthy enough to produce things that benefit more people, bitcoin economy and bitcoin system. This consequently gives Bitcoin more value as it gets more things done, and users nolonger need to convert much of their coins to fiat currencies to pay for their needs. It will also boost demand since more bitcoins will be acquired to pay for the increasing products/services.

So, rather than spend your bitcoins on toxic consumables/foods that can make you weak, lazy, sick and unable to do much, spend them on good ones that keep you active, busy and producing things that benefit bitcoiners and Bitcoin.

To get started,  consume/do what makes you healthy, active and busy. Discover your talent, learn skills, consider how the talent or skills can be used for the benefit of Bitcoiners and Bitcoin, then start contributing.

Would you be willing to do this for bitcoiners and Bitcoin, or keep holding & converting to fiat currencies?

[Joy_learns_crypto]

I don't think the essence of spending on healthy things is for Bitcoin to retain its value, and I don't think we should tell people what to do with their Bitcoin if what they are buying is legal.
You can want to see your fellow Bitcoin be healthy and live long but making long live about Bitcoin circular economy is exaggerated a bit, but I concur that we should strive to be healthy.

[Inior]

If I’m being honest, I don’t see any reason why spending bitcoin on healthy things can make bitcoin increase in price whereas spending it on other things adds no benefit to bitcoin. I disagree with you on this, bitcoin is a digital currency and it’s ment to be spent on which ever kind of transaction you wish to execute. Just take it like a means to exchange value irrespective of the kind of value you wish you exchanged it for. And besides bitcoin is decentralized and pseudonymous so it doesn’t know if you bought sugar or groceries, it doesn’t have the capacity to identify the kind of value it was exchanged for.

[Questat]

If it was easy to spend Bitcoin for daily transactions then we would have already done it, but the reality is that it cannot compete with other digital payments as they are quick and sometimes have free transactions or very cheap fees.

The point is, if we are talking about demand there has to be adoption, and holding is considered a demand as a person will buy and hold and that reduces circulation. so as demand increases the price will increase as well. For me the most I can contribute when it comes to spending is using Bitcoin for gambling. yes that is spending as I lose most of the time.