Re:PwC Hong Kong first Big Four firm to accept bitcoin
by ryan-c on Friday December 01, 2017 @07:55PM
(#15829300)
I've been taking a portion of my paycheck in Bitcoin (via bitwage) explicitly intended as spending money for a while. I buy things regularly with it. The payment flow using a mobile wallet is pretty great.
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Re:PwC Hong Kong first Big Four firm to accept bitcoin
by amarpatel on Friday December 01, 2017 @08:10PM
(#15829407)
Genuinely interested in your perspective: In January '17, 1BTC was $800 and it's currently >$10,000. How can you justify spending X BTC on a good or service as you've now paid ~10x the original asking price?
Re:PwC Hong Kong first Big Four firm to accept bitcoin
by ryan-c on Friday December 01, 2017 @08:49PM
(#15829587)
The same way I justify not having spent every cent I could spare buying BTC over the last eight years.
I mined hundreds of BTC in 2011 to 2012, and sold pretty much everything as I went. If I'd saved it all, I'd have "fuck you money" right now, but at the time even $100/BTC seemed like a moonshot.
I'm not going to beat myself up over not having prescient knowledge of BTC or any other thing I could have invested in.