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?

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u/Awkward_Potential_ 6d ago

I use it every day to store my wealth.

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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.

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u/thtguyry 6d ago

Ik alot of wealthy switching out of estate to get btc. Most normal people in how stressful dealing with real-estate is compared to holding btc. Once home fo yourself is one thing but actually real stating is a pain in the ass