Post
Topic
Board Exchanges
Re: Bitcoin-Central, first exchange licensed to operate as a bank. This is HUGE
by
Come-from-Beyond
on 07/12/2012, 13:07:05 UTC
In a grocery store I pay with dollars coz noone accepts bitcoins. In 20 years the situation will be the same. Because some guys made a bridge between dollars and bitcoins. Because they hid a wallet with coins in a bank vault and gave ppl paper money. Because they made Bitcoin an instrument to store wealth.

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?

OK. I got ur point of view. For u a bitcoin-friendly bank is a handy tool to make ur life more comfortable. For me a bitcoin-friendly bank is an obstacle on the way to world-wide adoption, which would make life of a lot of people more comfortable. Let's return back to the original topic.