Post
Topic
Board Exchanges
Re: Bitcoin-Central, first exchange licensed to operate as a bank. This is HUGE
by
bitcool
on 07/12/2012, 12:57:31 UTC

I don't mind at all if a merchant do not accept bitcoins.  It is, in the pure sense of the expression, his business.  It's just the same with gold.  I own most of my wealth in gold, yet I don't care if I can't buy anything directly in gold.  Most of the things I buy, I buy them with euros I freshly converted from a gold sell.   I only convert what I need when I need it, so I don't have to hold the silly money the merchant wants during too a long time.

Hell it's even great that merchants want me to pay them with crappy currencies.  Because they are so cheap!

With a bicoin-friendly bank, I could convert my real money (gold and bitcoins) into shitty money (USD, EUR) in an even faster, more efficient way.  What's not to like?
+1