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RE: Bitcoin Fees Too High - Steam removes Bitcoin!

in #news7 years ago

Think of BTC as a "store of value" like gold.

Sure, the hype has been about it being used for transactions, but that was when it wasn't a MASSIVE STORE OF VALUE!

Since then, we've seen BTC become the gold standard of cryptos: So BUY AND HODL it.

Then use your BTC Reserves (pun intended) to buy/convert to better micro-transacting cryptos that have come out since, including one that's even forked from Bitcoin for this very reason: Enter BITCOIN CASH! ("cash", get it?)

(Yes, this conversion from BTC to BCH will still cost the high fee, but it's a small price to pay when you buy say $1,000 Bitcoin, HODL IT, then a year later it's worth say $5,000 and you convert $2,000 of it to Bitcoin Cash for say $50, then use your Bitcoin Cash to buy pizza for a $.40 fee.)

To sum this up... Buy Bitcoin and hold it for long term (like a savings account). Keep adding to that reserve as often as you can. Then, buy and use Bitcoin Cash (or similar) as your "checking/debit account" for daily transactions.

Good luck, my Crypto Locos.

wokka wokka!