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RE: Amazon to accept bitcoin by the end of October?
I think it's wonderful that Amazon is starting to accept BTC. Great news, @czechglobalhosts! But as you say...I don't want to use my BTC for any payment because I see it like a long-term investment.
Have a nice Saturday!
LOL, keep on hodling:)
😊👍🏻
To state that you no one will spend BTC because it will go up in value long-term is a logical fallacy. By the same logic, since USD is easily convertible into BTC, one could argue that it's wiser to buy BTC with your USD instead of buying groceries.
That being said, you should do both. Have a stash in cold storage that you hold long term, and when you want to spend either instant buy and spend right away, or spend and immediately replenish.