Who buys Bitcoin

[yellowsnow]

thank you USA
https://www.bloombergquint.com/marke...ve-bitcoin-etf

[yellowsnow]

football player
https://news.bitcoin.com/paid-in-bit...1vJufKUb7NqPEM

[yellowsnow]

andrew yang
https://news.bitcoin.com/mayor-andre...y-bitcoin-hub/

[yellowsnow]

i'm surprise no one here talk about berkshire hathaway exited their barrick gold position, in less than a year
very quiet on this from peter schiff too, although he raved about it for weeks when warren buffett bought barrick.

[yellowsnow]

btc is correcting as elon musk tweeted btc and eth being too high.
He tweet that because IMO
1. to appease the SEC for investigating tesla buying btc and then announce it, driving btc price up. Elon want to give back some gain from tesla btc buy announcement. SEC is chasing ghost here.
2. CEO of microstrategy who helped tesla to buy btc, just raise (again) $600 million fiat 5 days ago to buy more btc, his third buying spree. He sure welcome the timing of elon's tweet to lower his btc purchase price

btc down 11.5% from 58.2k peak so far

correction, convertible debt over subscribed, he got $1B instead.

[The Sage]

Who buys?
Anyone with a Paypal account can now buy with easy links to
Bitcoin
Ethereum
Bitcoin Cash
Litecoin

[motocat]

Who buys?
Anyone with a Paypal account can now buy with easy links to
Bitcoin
Ethereum
Bitcoin Cash
Litecoin

I would consider using one of these for a short time to transfer from paypal of which I would then make a purchase from on-online bullion dealer that takes bitcoin. If they take bitcoin, I guess they take bitcoin cash? Any efficient way to use another cyber-currency at a bullion dealer that takes bitcoin? If they take bitcoin, does it usually mean they may also take other cybercurrency? Which of the above is most likely to have little change in value (especially to the down side) for a period of a week?

I'm really only interested in exploring the use of these digital currencies as currencies, not to save in them-- that means efficiency, meaning I don't want to spend much time researching/learning about them, nor to pay any use fees, so if you have answers to the above, it would be much appreciated, and who knows, you may get this hater to be a user.

[yellowsnow]

correction, convertible debt over subscribed, he got $1B instead.

perfect timing to buy on this dip

[The Sage]

I would consider using one of these for a short time to transfer from paypal of which I would then make a purchase from on-online bullion dealer that takes bitcoin. If they take bitcoin, I guess they take bitcoin cash? Any efficient way to use another cyber-currency at a bullion dealer that takes bitcoin? If they take bitcoin, does it usually mean they may also take other cybercurrency? Which of the above is most likely to have little change in value (especially to the down side) for a period of a week?

I'm really only interested in exploring the use of these digital currencies as currencies, not to save in them-- that means efficiency, meaning I don't want to spend much time researching/learning about them, nor to pay any use fees, so if you have answers to the above, it would be much appreciated, and who knows, you may get this hater to be a user.

Probably every retailer has its own rules. . .

Right now, Bitcoin is probably too volatile to be used as a currency, but there are other stable coins too. The "industry" is rapidly evolving . . who knows where the future ends . . .but there is this future good 'un ---> Crypto gives the opportunity to travel from nation to nation, without having to carry and convert a local currency. All you need is your access keys and you can have your money in a digital currency that's accepted worldwide. Lots of advantages.

[yellowsnow]

Probably every retailer has its own rules. . .

Right now, Bitcoin is probably too volatile to be used as a currency, but there are other stable coins too. The "industry" is rapidly evolving . . who knows where the future ends . . .but there is this future good 'un ---> Crypto gives the opportunity to travel from nation to nation, without having to carry and convert a local currency. All you need is your access keys and you can have your money in a digital currency that's accepted worldwide. Lots of advantages.

no sane crypto owners want to spend their btc/ltc, they rather spend fiat, basic Gresham's law
today btc is digital gold. How many people spend their gold for daily use? none