I'm getting into Bitcoin (been lurking here) and was excitedly telling my wife what I had learned so far. She's Russian and also spent some time in Greece so she is interested in all the Bitcoin news coming out of Europe
I suggested we start using Bitcoin. She asked if we could use it to buy groceries at our local supermarket. Umm, no. Can we get gas or pay the hydro bill with it? Well, not really. Can we use it downtown or at the mall? Unfortunately no.
Then she asked "So what's the point of having Bitcoin?" I realized she wanted practical, everyday uses for it and I couldn't think of a single one!
Can you guys fill me in on how Bitcoin could improve my life over fiat money? We live in the Toronto area, Ontario, Canada and there's a couple of Bitcoin ATMs nearby. Aside from novelty use, why would I get Bitcoin?
view the rest of the comments →
[–] zukaza 0 points 1 point 1 point (+1|-0) ago
Tell your wife that Bitcoin is a long term investment. You can keep up with your country's politics and economic events but you will never truly know when disaster will strike and will no longer have access to your hard earned savings. Bitcoin is proof that we can have a medium of exchange without the help of a centralized authority. All that is left to do now is educate others about it and use it where you can as a currency.