Damus
GetAheadWithNick · 37w
Isn’t paying with bitcoin counterproductive? Genuine question. I’m trying to save as much of it as I can, so when a business accepts bitcoin I still use cash.
Christopher profile picture
If no one spends Bitcoin then its use as a currency dies. It no longer becomes transactional. And therefore worthless.

It's little different to fiat in this way. With all money you want to save as much possible, save more than you spend, but if no one ever spends their dollars then they're just useless and worthless pieces of paper (which we know they are, lol)