1. No one time. You have 50 BTC invested.
2. You take 1 BTC of your invested stack and buy whatever product you want
3. The you rebuy 1 BTC with fiat
So you only spend 1 times the fiat cost of the item you bought (although probably less due to all the benefits of Bitcoin)
Hmmm I'm sorry but how does this not entail spending 2x the amount of money, fiat or BTC.
Depends upon definition... Of course, you have spent twice;however, one of those spending is a form of internal transfer from yourself and to yourself. The other is a transfer from yourself to another entity... Accordingly, there is only 1x spending from yourself to another entity.
but you have to pay the fee even if you are "spending from yourself to yourself".
Well that depends. But even if you do, it can be cheaper. As time progresses it will be cheaper more and more often.
Yes - as wachtwoord mentioned there could be a fee and the fee could vary... and so the fuck what?
Of course the fees can be accounted for in any person's total calculation about when to spend and how to spend and how much to spend, and s/he can engage in such calculations in order to decide what action to take. The mere fact that there are fees to transfer or to buy does NOT cause there to be double spending in the true sense of the phrase. A person is NOT having to spend twice as much for a product merely because s/he buys it with bitcoin, which had seemed to be the implication of the 2x assertion.




