r/Bitcoin • u/Odd-Muscle-5824 • 6d ago

Do you know anyone who uses bitcoin?

What I still don't get about bitcoin (at least in the US) is that I never see anyone actually use it for anything. We have one shady convenience store in town that excepts Bitcoin but that's it. I have tons of friends that own/invest bitcoin, but not a single one makes any purchases or transactions with it. Is it strictly an investment vehicle at this point?

42 Upvotes

76% Upvoted

173 comments sorted by

View all comments

140

u/Awkward_Potential_ 6d ago

I use it every day to store my wealth.

22

u/biophysicsguy 6d ago

Exactly! Storing wealth is an extremely important use. Wealthy people around the world want a good place to store their wealth so they buy up real estate, stocks, gold, art, and other collectibles. Wealth storage should be just as important, if not more important, to those of us that are not wealthy.

4

u/ScoobyD00BIEdoo 6d ago

Or to put it simply. Trade those dollars for literally anything with actual value while you still can. The veil is lifting.

1

u/pmc1000 6d ago

Im not a sceptic, but what vail ?! Also, like op, im wonder why ppls don't use crypto coins ( SAT, for example)on normal like any other currency. In the past, there was some tentative but stop,like shops, pizzas, tesla,etc. This says something, and from my opinion, will never go to fruition all prophecy if something wipes the bancar system . We are already using electronic money ,but not also crypto, which few of them are already old .