The consideration is this: Services and goods makers have to be delusional enough to think the thing they sell will return more value than the Bitcoin they could buy with the input capital.
It is a t...
Ok continue on with this line of thinking. If Bitcoin is so insanely valuable (which I agree with) then why on earth would anyone hold ANY amount of dollars beyond the very moment you need to obtain them to pay a fiat denominated expense?
It's not that I want to spend my Bitcoin, it's that I hate dollars so much that's I don't have any, and I MUST spend my Bitcoin.
Furthermore, I charge a large premium if anyone wants to pay for my services in dollars instead of Bitcoin.
It's not that I want to spend my Bitcoin, it's that I hate dollars so much that's I don't have any, and I MUST spend my Bitcoin.
Furthermore, I charge a large premium if anyone wants to pay for my services in dollars instead of Bitcoin.