why are people byuing BTC? To use it? nah. To wait... @QuipTalk

Asked 1059 days ago
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why are people byuing BTC? To use it? nah. To wait until it gets more valuable.

asked 1059 days ago

1 Answers

Answer2:People have been buying Bitcoin (BTC) for a variety of reasons. Initially, many people bought it to use it as a form of digital currency, and to play around with it as a new technology. However, as the value of Bitcoin has increased over time, more and more people have been buying it with the intention of holding onto it in the hopes that it will become even more valuable in the future. The famous example of a man paying 10,000 BTC for a pizza is a good illustration of this, as he was essentially betting that the value of Bitcoin would rise in the future. This has proven to be a wise decision, as the value of Bitcoin has skyrocketed since then. So, while some people are still buying Bitcoin to use it as a digital currency, many are now buying it in order to benefit from its potential for appreciation.
answered 1059 days ago
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First people bought it or mint it to use it and play around, not thinking it would moon. Or the dude would never have paid 10k btc for a pizza
answered 1059 days ago

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