Post
Topic
Board Bitcoin Discussion
Re: These people have the power to take bitcoin mainstream overnight!
by
stevenh512
on 26/04/2015, 00:31:10 UTC
people don't have patience. they want global adoption to happen tomorrow so they can sell their coins with high profit. they don't realize that it doesn't work like that.

If I had global adoption tomorrow, I'd have no reason to ever sell my coins, I could just spend them as-is without having to worry about exchange rates and fees.

edit: To a certain extent I already can. I've been paying for web hosting with BTC for a couple years now, I can buy electronics and certain other miscellaneous items on Overstock, and there are plenty of other places online (sadly, no local brick-and-mortar) where I can spend them. I'd think with global adoption, though, the value (in terms of buying power, or USD/Euro price, or however else you want to measure it) would be a lot more stable.