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RE: How To Introduce Your Friends To Cryptocurrency — Give Them A Dollar!

in #cryptocurrency8 years ago

I would simply suggest that 'cryptocurrency' is a misnomer.. It's not 'there' yet, so don't treat it like a currency. Treat it as an investment and a store of value. Does anybody use their APPL stocks to buy coffee? Do you buy gold thinking about how you're going to buy stuff with it? Nope.

The nice thing is that if you DO need to spend it, there are quite simple ways to do it like a bitcoin debit card. But I would recommend holding onto it.

Eventually when they figure out all of the transaction fees and with higher adoption, you can use 1btc to buy that Lamborghini ;)

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As it is now. Bitcoin is no longer feasible as a medium of exchange. Kinda like it's non sense to drop some flakes of gold for a cup of Frappuccino.

It could be.. But you know.. Politics.