I don't own any Bitcoin yet but it certainly is becoming a lot more mainstream. Would any of you be willing to get paid from your employer in Bitcoin?
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Can you buy gas or groceries or pay for your golf with Bitcoin yet? Short and/or easy answer for that one is no.
Bitcoin is only starting. It has great potential in the next 5-10 years.
Just be patient.
I have a very small amount in a bitcoin ETF. It's up 18% since I bought it earlier this year. My biggest fear is that governments are looking into issuing their own cryptocurrencies, which probably will not end well for the bitcoin holder.
It is the Grayscale bitcoin trust (GBTC).
BTW, Suarez is one of several politicians accepting their salaries in bitcoin in the hopes of spreading information in regards to it. Miami, Wyoming and Texas are hotbeds for bitcoin-friendly legislation.
Short sided... Easily exchanged for cash...Can you buy gas or groceries or pay for your golf with Bitcoin yet? Short and/or easy answer for that one is no.
Sounds like a lot of work.Short sided... Easily exchanged for cash...
Sounds like a lot of work.
I took the plunge and bought some Bitcoin today through the SoFi app and I'm thinking about opening a Coinbase Pro or Bisq exchange account tomorrow but I'm sifting through which app and wallet is best for cyrpto. What is everyone else using? I'm thinking if I commit to investing in crypto I'm going to want something like a Trezor Model T and store it in a safety deposit box.
Can you buy gas or groceries or pay for your golf with Bitcoin yet? Short and/or easy answer for that one is no.