Quote from: TheDukeUSMC on April 13, 2013, 02:46:48 AM

Quote from: Tornston on April 13, 2013, 01:20:32 AM

hey dude, people will use them as actual money when there is something they can buy for btc
so if you want to contribute to minimize speculations just offer your goods/service for btc

You would be stupid to do this.

I can't think of any reason why any seller of any good would accept bitcoin. It is way too volatile to set a price. You sell a good one day for 1 btc, and the next day you see that the btc value took a bad hit. I do a lot of business online selling parts and I would never accept bitcoin in this environment.

Key word is this environment. Hopefully it changes in the future, but stabilization will come in the long term like another poster said.

Stabilization can only occur when more businesses accept it as-is. Though one may be stupid, they could also understand exactly what they're doing, and be doing it because they actually believe in BTC. Nobody can say they support Bitcoin yet won't accept it as payment. Bite the bullet! Take one for the team! Be the change you want to see! And all that encourage stuff.

Btw, there's also BitPay, where merchants can accept BTC and immediately transfer it into fiat, meaning there's no downside to them taking it. The downside to us, however, is the merchant can't turn around and buy things with BTC. I'm guessing BitPay sells the coins off and it gets back into the economy that way. So it's still heavily tied to fiat.