Post
Topic
Board Speculation
Re: Don't rely on Venture capital money - these guys don't know what they're doing
by
BTCtrader71
on 25/01/2015, 20:32:54 UTC
My main question still remained unanswered:

If there is no guarantee that the bitcoin's price is gonna go up and allow the average Joe to profit from it, why should he buy bitcoin to use it as a currency?



Average Joe should use it for all of his online purchases through Amazon, Best Buy, Target, any retailer who sells gift cards through gyft.com. Why?
Because Joe gets 3% discount for using bitcoin, that's why. And Joe can insulate himself completely from bitcoin price fluctuations by converting USD->BTC at the time of purchase at a place like coinbase.