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    Do you actually use Bitcoin, or mostly just hold it?

    I’ve been getting deeper into Bitcoin lately, and I’m starting to notice a gap between how it’s supposed to work (as a form of money) and how people actually use it.

    Most of what I see is people holding long term, not really spending it unless there’s a specific reason. At the same time, there are tools now that make spending easier than before.

    So I’m curious how people here personally approach it do you ever actually use it when you can, or do you see it more as something you just accumulate and leave alone?

    Do you actually use Bitcoin, or mostly just hold it?
    byu/WeeklyDiscount4278 inBitcoin



    Posted by WeeklyDiscount4278

    11 Comments

    1. TheresNoSecondBest on

      >do you ever actually use it when you can

      Saving in Bitcoin is “using it” too.

      Anyway, here’s how spending bitcoin IRL looks like: https://youtu.be/Tlhvnpi2ukA

      I’m “using Bitcoin” almost on a daily basis. Buying groceries, paying for meals, taxis, domains/hosting, VPN…

      Spend and replace is usually the name of the game so no, I’m not spending bitcoin while saving in cash.

      If you’re thinking about spending some, here are my favorite directories:

      http://lightningnetworkstores.com/

      https://btcmap.org – awesome map, you can even add your local vendors in, once you orangepill them.

      https://acceptlightning.com/list.html

      https://spend-sats.com/

      https://spendabit.co/

      https://directory.btcpayserver.org/

      There’s also an option of buying gift cards

      https://thebitcoincompany.com/

      https://bitrefill.com

      https://www.egifter.com/buy-gift-cards-with-bitcoin – this one’s least fave because they use a shitty custodian for payments but are handy for a few cards.

      Spend and earn some sats back:

      https://foldapp.com – save up to 20% Starbucks, Uber, Target , whole foods , Dunkin

      https://www.lolli.com – save up to 30% by spending BTC anywhere but primarily USA stores

      https://satsback.com/stores-list – save up to 20% by spending BTC anywhere but primarily Europe stores.

    2. PhiNeurOZOMu68 on

      Both, I DCA daily and use it on weekends sometimes at breweries and pay my friends with it

    3. fringecar on

      I just hold it. I’d like to use it, but it doesn’t provide any advantage over credit card for me.

    4. never_safe_for_life on

      I am using Bitcoin to preserve my purchasing power as Donald Trump requisitions $200 billion for his ludicrous war in Iran. This use doesn’t involve making daily transactions in it.

      Although this in an AI generated post, I want to take the time to point out the phrase “how it’s supposed to work” is based in ignorance. How do you know how it’s supposed to work? When the internet was created it was supposed to only be for transmitting scientific data between universities. Nobody foresaw that 30 years later we’d be swapping pictures of cats.

    6. gizram84 on

      The site I buy steroids from only accepts Bitcoin, so I use it regularly there.

      Other than that I just hold it.

      However anytime I spend some, I buy more so my stack never dwindles.

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