What do you use Bitcoin for? (Besides playing on Stake!)

[wry]

I came across and interesting article today on how 11 years in, Bitcoin needed some real "use cases".

While companies like Bakkt are working to make it easy to use Bitcoin in transactions, Starbuck's will participate in the opening round, there are not that many people using Bitcoin on a daily basis.  Personally, I think the tax treatment offered by many developed countries will work against this.  In addition, I don't see why that it is necessary to see widespread use for Bitcoin to be "digital gold" since it's not like people use gold to buy things on a daily basis.

So, do you use Bitcoin for anything other than playing on Stake?

Personally, I have a Bitpay debit card, so I can INDIRECTLY use Bitcoin for anything, but don't directly use it much.

It's important to separate this from blockchain in general which has many demonstrated use cases:

 

Link to article:  https://www.coindesk.com/bitcoin-needs-real-use-cases-to-become-digital-gold-says-ice-chief

[DinoEcstazy001]

I use bitcoin for buying games,gift cards etc. and for real life

[allisonn]

1 hour ago, wry said:

I came across and interesting article today on how 11 years in, Bitcoin needed some real "use cases".

While companies like Bakkt are working to make it easy to use Bitcoin in transactions, Starbuck's will participate in the opening round, there are not that many people using Bitcoin on a daily basis.  Personally, I think the tax treatment offered by many developed countries will work against this.  In addition, I don't see why that it is necessary to see widespread use for Bitcoin to be "digital gold" since it's not like people use gold to buy things on a daily basis.

So, do you use Bitcoin for anything other than playing on Stake?

Personally, I have a Bitpay debit card, so I can INDIRECTLY use Bitcoin for anything, but don't directly use it much.

It's important to separate this from blockchain in general which has many demonstrated use cases:

 

Link to article:  https://www.coindesk.com/bitcoin-needs-real-use-cases-to-become-digital-gold-says-ice-chief

And yet I really wonder about all these blockchain use cases, how many of them are more efficient and effective than a single shared access excel sheet?

I'm quite confident that in 5 years at least 50% of them will become embarrassing moments when brought up by shareholders or journalists.

[Wildmonkeylv]

I invest my bitcoin in DeFi yearly 5 % + for free by just holding y our btc there . 

[djonox]

I use the BTC for its simplicity of payment which is instantaneous and also for the trading as well as in the real life in certain store which accepts the purchase in cryptomoney

[nuuuitsjdragon]

I mostly use BTC for online services like VPN(s) and as the main value coin in exchanges for trading. 

In the past, I did have funds in BTC as a hedge against my local fiat which worked pretty well until the FOMO period came along, have since learnt otherwise to not play with fire. 🤣

 

[Ali saher]

Yes I use bitcoin for trade when I see bitcoin price now not go more down I buy bitcoin some big amount and I trade with bitcoin this is very good if you trade bitcoin carefully ,

I just play on stake when I profit with my bitcoin money 

[Sumedang]

I don't often use btc, but I usually use to make transactions with people in my country, especially with people from different countries, which is definitely more troublesome.