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Not here to defend bitcoin, but that's not true. You can buy all three of those (to varying degrees in different countries).
by decodebytes 5y ago
Not here to defend bitcoin, but that's not true. You can buy all three of those (to varying degrees in different countries).
- rantwasp 5y agoi will bet you real bitcoin that given enough time you'll be able to make all those transactions. there is absolutely no reason for someone to not accept bitcoin when they can literally turn around and convert it in fiat if they don't like holding it immediately.
- tfigment 5y agoTime is a problem. If you lose value in time it takes to convert its not good. Most businesses don't care if the value increases nearly as much as it decreasing. Bitcoin volatility does not help it's case. I guess we trust banks will always be available to get dollars out when needed.
- magicsmoke 5y agoYou should rethink that phrasing. That's a heads I win tails you lose kind of proposal.
- IncRnd 5y agoThere are loads of reasons why people will not deal in bitcoins. One reason is what happened at Poly Network since you posted your comment. Bitcoin and Crypto in general are filled with thieves and scam artists. Just because some ethical people can navigate that minefield at relatively low dollar transactions - that doesn't mean many people or businesses want to stake their livelihoods on it not failing.
- IncRnd 5y agoThe important thing is that I can't buy them where I live, and neither can anyone I know. No - people cannot use bitcoin as a real-world currency to perform daily tasks. Can you right now stop all transactions in dollars or other currency and do everything in bitcoin? My guess is that no you cannot.