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RE: The Old Dog Advises: Get a Debit Card And Spend Some Steem. It Will Empower You!
Whenever I think about spending crypto currencies in the real world, I remember the 10000 BTC pizza story.
Whenever I think about spending crypto currencies in the real world, I remember the 10000 BTC pizza story.
Exactly my thoughts.
I think the opposite. If that guy (and noone else) had ever spent a single bitcoin, its value would still be in the cents range. Currency needs to be used to have value.
How about, spend a little, keep a lot. By spending you are increasing the utility (and hence value) of the portion you hold).
There is much to be said for holding although it can backfire as well.
Thank you so much for the follow up post!
I was reading this offline and told my friend about it.
Thank you - from them for the links and the advice
hopefully they could use it now :)
Have a great vaca and cheers to your Steem funded purchases
I bid you a fun, safe and relaxing vaca with the bird!
Yeah seriously!! That has to really hurt that guy... But who would have known how much that would be worth today.