RE: My First "BITCOIN" Credit Card is on the way!! Can't wait to spend "BITCOIN" for the first time!! 🤗

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My First "BITCOIN" Credit Card is on the way!! Can't wait to spend "BITCOIN" for the first time!! 🤗

in cryptocurrency •  7 years ago 

My problem with spending bitcoin via debit/credit cards is the continuing rising price of bitcoin. You could spend a dollar on a coffee and it would just be a 0.0001 btc transaction. But let's say in one year the price of bitcoin doubles. You end up having spent twice that money for that same coffee. Does that make sense? Hodl your coins!

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It is all relevant to the value of Bitcoin at the time of purchase I believe. If people who are believers in Cryptocurrency do not spend Bitcoin or other Cryptocurrencies then how can we convince the masses that it is the future of monetary exchange? It is a huge issue. Thanks for your opinion @kingabelicio