Post
Topic
Board Economics
Re: What would YOU do?
by
abbyd
on 09/04/2013, 10:18:13 UTC
It's an interesting irony that some people will require a great deal of trust to exist before they'll spend their no-trust currency.

The additional time and difficulty involved with realizing BTC revenue compared to that of USD through a single payment processor will have many merchants such as myself taking a pass on it for now.

Uhmm you didn't really think that through did you?   

Merchants have LESS up-front risk with bitcoin payments - with Paypal and credit cards you have to worry about
charges getting reversed, and it takes a LONG TIME to get your money. The buyer accepts all of the risk when
he prepays with bitcoin.

I don't see any irony in people being careful with their money.