Ray Dalio , one of the worlds largest hedge fund-ers, says that you should keep 5% - 10% of your portfolio in gold. Dalio also had a few things to say about Bitcoin, calling it a “speculative bubble” and said that “bitcoin is not an effective medium of exchange” and “its not easy to buy things with Bitcoin”.
Well luckily for us an awesome young reporter by the name of Sara Silverstein took to the streets of New York to compare spending Bitcoin vs Spending Gold. Watch the video below to see exactly how this panned out.
As youll see, it was not relatively easy to spend either one. Bitcoin came out ahead by being accepted by Overstock.com and Sara’s daughters preschool! As most of you probably already know, there are MANY options when it comes to crypto debit cards that allow the spending of bitcoin pretty easily.
Cryptopay.me has issued over 23,000 of their cards and only cost about 15 euros.
SpectroCoin is another choice and is accepted anywhere a Visa or Mastercard is accepted.
Uquid has one as well - with no identification or credit check required and free delivery to 178+ countries.
In our opinion, its only a matter of time until Bitcoin is accepted worldwide. We believe itll start with e-commerce. Rumors of Amazon accepting bitcoin have surfaced lately. What do you think? Have you spent Bitcoin anywhere? If so, where?