I want to spend and replenish but it doesn't make any sense

[segvec]

Hold for now...
No reason to spend right now as bitcoin is/is almost at its bottom.

[erre]

The problem is not the price. Even at 2000 USD, if adoption as technology wI'll be like now, the question remains: why spend and replenish?

[leopard2]

It is not Bitcoins fault if that place charges 5% extra

For international transactions Bitcoin is a huge advantage compared to a credit or debit card (and mind you, not everyone owns one) and it is much more confidential.

The biggest gain would come from all those places that only accept Painpal today! How often would I like to buy from Ebay US or UK and many other vendors, but cannot, because the only method of payment is Painpal and I refuse to work with that scamming scum.

You have to jump through a lot more hoops to get a bank account + debit or credit card, or a Painpal account, than a Bitcoin wallet and some Bitcoins.

[wunkbone]

Hoard with the rest of us greedy bastards

I have been doing this and bought a few computer components with BTC, and I went to buy some more components with BTC and then stopped myself because of the 5-6% premium for using BTC. The UK has a very efficient payments system created by the banks, so the incentive to use BTC here is less than it is in the US. I can transfer money between accounts here for no fees, pretty much instantly, even between different UK banks. I will continue to invest a small amount per month in BTC and just hold it until the incentives change (if they ever do).

I don't see any reason why any company would charge extra to someone who is paying in bitcoin

A company will end up saving money when they process a bitcoin transaction over the cost of processing a credit card or a fiat based transaction, so I don't see why any rationally acting company would ever discourage people from paying in bitcoin in the way of higher prices