Is crypto practical for daily transactions, or is it just a trend?
-
Crypto is everywhere now, but I'm struggling with how to actually use it. Do people really use Bitcoin for coffee and donations, or do we mainly see it as a long-term investment? Is it practical for everyday use now, or should I still just store it away as an asset?
-
One more thing: with fees, volatility, and most shops still pricing in dollars, is Bitcoin actually ready for daily use? Or is it still just "digital gold" that's better to hold than to spend on coffee?
-
@Arnie Right now, Bitcoin in the U.S. acts more like "digital gold" than a daily currency. People mainly use it for donations or big transfers. The high fees and price changes make it hard to buy things like coffee with Bitcoin. Most people see it as a long-term investment and use stablecoins for everyday purchases.
-
@Vance_Writes Bitcoin works more like a savings account than a checking account in the U.S. It holds value well, but high fees and price changes make it tough to use for everyday purchases. I think of it as digital gold and choose faster, cheaper coins for daily spending.