5 sats \ 3 replies \ @Lux OP 24 Sep 2023 \ parent \ on: Pay any bill with Bitcoin in SEPA countries bitcoin
how does it make the price go down? You have to buy it before you can sell it, so the effect on price is neutral.
Is it better to buy once and never again make transactions or to make all your life's transactions in btc?
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0 sats \ 2 replies \ @DiracDelta 25 Sep 2023
Because you pay a greater fee with a hidden spread so you have 1-3% less of the payment being held as bitcoin.
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0 sats \ 1 reply \ @Lux OP 25 Sep 2023
the spread is not hidden, you see exactly what you will pay before the fact, even if the price changes in your favor in the meantime
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0 sats \ 0 replies \ @DiracDelta 25 Sep 2023
The price is not the spread. It is hidden because you are probably not shown the real price, but the price being given to you.
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