Most people choose Bitcoin as a Store of Value than a Medium of Exchange in order to grow their Bitcoin investment, to afford to buy more things and be inflation proof. Ofcourse, these are the main reasons they choose to use Bitcoin as Store of Value rather than spending them. How do we convince them to also spend or use it as MoE?
There are several ways to do that but let's focus on one for now: selling products/services for bitcoins. If you earn bitcoins in this manner, unlike those who have to convert from fiat or have no other source of income, why don't you spend them aswell, since you'll keeping earning more?
I find this interesting I mean you brought a good idea with detailed explanations and aswell still managing length I must commend this. But one thing I appreciate soo much is the fact that you clearly stated at the beginning of the paragraph some utilize bitcoin as a medium of exchange and some as a store of value.
I believe every one has a strategic plan for bitcoin on this space, for those you wants to use it as a medium of exchange there are many mediums just like you have stated one already, but one thing i know is that however you want to sugarcoat it, its still same as trading your bitcoin for other items, and as long as youre not at the other hand giving out an item to receive Btc in return, to make it transactional, Im not seeing the plan working out positively
For me, itll remain a store of value. So when the topic is about how to store and secure, Ill give a detailed breakdown.
But nevertheless everyone should follow theirs plans and let every shift be calculative