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by jiggy2011 4824 days ago
If it has a rising value then it's in your interest to hold at least some of it unless you think it's about to crash.

If you are a merchant then the easiest way to start holding it is to start accepting payments with it, which is easy enough to do especially if there are enough people holding it already.

At that point it has value not just because you can convert it , but because you can buy stuff with it.