Re:Ask HN: How can I use Bitcoin as currency?
by jstx1 on Thursday February 24, 2022 @11:27AM
(#30456605)
> So, if I wanted to use bitcoin (or any major crypto), is it actually possible?
You need a way to obtain Bitcoin (through a crypto exchange or by receiving a crypto payment from somebody else), and you need someone (a person or a business) to accept the payment.
It might be worth it for illegal stuff, buying drugs or for large international transactions. It's not practical for regular spending because almost nobody will accept it and the transaction fees will be high.
You need a way to obtain Bitcoin (through a crypto exchange or by receiving a crypto payment from somebody else), and you need someone (a person or a business) to accept the payment.
It might be worth it for illegal stuff, buying drugs or for large international transactions. It's not practical for regular spending because almost nobody will accept it and the transaction fees will be high.