Hahaha. I am good with dollars, thanks. You can buy things with dollars, plus invest them in legitimate things. You can't buy anything with Bitcoin, and 90% of Bitcoin investments are a scam.
Did you know you can buy gold directly with bitcoin? (
https://bitcoin.org.uk/forums/topic/384-new-bitcoin-for-gold-exchange)
Why would someone go to the hassle of converting USD into Bitcoin when they could go on amazon and buy any of that instantly with their credit card?
Because
Bitcoin is an investment, one bitcoin will
probably continue to buy more Amazon stuff because of that. Have you heard of the
Gartner Hype Cycle?
If you want food or to pay your mortgage/rent, you still need to turn it into government backed currency.
plouf // Jun 29, 2011 at 2:25 pm
I paid my rent in bitcoins today.
This is the information era.