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Comment by foreach32

Got paid in Bitcoin for a year. Living in Europe, got a client in the US. Client had Bitcoin so it was faster, cheaper and easier to get paid directly in Bitcoin.

Obviously, no landlord accepts Bitcoin yet so I had to sell a portion for EUR.

Another obvious use case: If you change the denominator from USD to the FED balance sheet, the S&P just went sideways since 2008. So did everything else.

Bitcoin for me is an inflation hedge and I have all my wealth in the digital space at the moment. Bitcoin, Ethereum and Polkadot. I am simply waiting for StartUps to build more use cases around the space so I can safely stay there until I die.

So: Payment and escaping the destruction of FIAT money by the central banks.

parent foreach32 5 years ago

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