How to buy food with Bitcoin?

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Cryptocurrency 38 minutes ago (Dec 04, 2022 09:40AM ET)

How to buy food with Bitcoin? © Reuters

(BTC) is a dynamic monetary asset with the potential of being both — a commodity and a currency. For instance, the Securities and Exchange Commission (SEC) classified BTC as a commodity, whereas El Salvador made Bitcoin a legal tender in 2021.

So, does this make BTC a store of value or a medium of exchange? It can do both — On one hand, BTC can be added to treasuries as an inflationary hedge. On the other hand, it could also serve the retail purpose of paying for routine expenses.

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