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To: zeestephen

I fail to see why any legitimate business would be willing to accept the Bitcoin in exchange for goods or services.


6 posted on 04/18/2014 3:33:29 AM PDT by GreenHornet
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To: GreenHornet

If two or more pople accept it as a medium of exchange then it starts to hold value.


7 posted on 04/18/2014 3:51:05 AM PDT by Theophilus (.)
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To: GreenHornet

Because it is cheaper than Visa and MasterCard.

0% vs 2% or more.

On a couple hundred thousand in charges a year it can add up to real money.

Bitcoin processors will convert to fiat immediately so the valuation fluctuations are not an issue.


15 posted on 04/18/2014 6:22:20 AM PDT by Vermont Lt (If you want to keep your dignity, you can keep it. Period........ Just kidding, you can't keep it.)
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