We usually talk about Bitcoin as something to invest in or hold for the future. But what if one day you could use Bitcoin to pay for almost everything you need?
Would you actually spend it on things like food, rent, transport, and other everyday expenses, or would you still rather hold onto it?
So if Bitcoin become your everyday money, what would be the first thing you will use it to pay for?
Bitcoin is already my everyday money, the first things I paid for were the digital tools.
It's a really interesting transition phase, you will slowly find out what you really need or lack, as in can I create this myself? Or does it make more sense to buy from others? You're still spending money, but no longer the way like how you spend fiat money.
what N said
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Fiat money in every sense has made human beings more and more lazy. But this is quite paradoxical that instead of working hard to really get what's necessary, humans working hard to recieve a payout in fiat which even debases in 30 days after which were paid.
I've left working for fiat as soon as I realised this and now I'm happy to buy even if that means to first buy a gift card from Bitrefill and then spend it.
Thanks for this wonderful explanation based on your perspectives, it's really helpful if I must say.
Once you realize you can learn to make what you actually need, why work so hard just to buy it? You can literally create the things yourself and relax. 😂 Then keep learning until one day you can be self-sufficient!
But at the ends of the days, we do need something from others, or it makes more sense to get it from someone who did a better job than you, that's how trading started. However, it's a matter of balance.
what's the difference...? Same old, same old
The difference is below;
Would you actually spend it on things like food, rent, transport, and other everyday expenses, or would you still rather hold onto it?
What's the difference between this and you posted one in July?
#1529949
Yes you are correct but not the same. The difference is here below;
Would you actually spend it on things like food, rent, transport, and other everyday expenses, or would you still rather hold onto it?
Thank you sir for your observation.
I have a Canadian plan that needs CRA changes. Buy bitcoin ETFs in a TFSA. Create an app that buffers the value of the ETF. Pay rent/mortgage with the app early. When the ETF goes up, it is converted to cash to pay bills. The opposite on payday, Deposit paycheck to the app. ETF goes down and the app buys it. If enough Canadians did this then we would control 80% of all bitcoin.