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by ganeshkrishnan 1788 days ago
> Those who buy it to immediately spend on things they cannot otherwise easily acquire with fiat currency

You dont have to leave it to imagination. For me bitcoin was the easiest way to pay content writers from remote places like venezuela or middle east.

This was when bitcoin was around $500 or less and I bought some bitcoins to pay this contract workers. There was nothing shady or illegal. it just was the simplest way to pay anyone across the world.

1 comments

I used to use Bitcoin for paying some overseas contractors for that same reason, but it became too expensive. So now I use ALGO or a few others. I was surprised to find an actual use for BTC. But turns out, it is not really very useful for that purpose anymore.