I appreciate the link to the chart John. The figures are staggering but will they or could they change? Do they need to change?
Amincd, thank you for your thoguhts, I appreciate your detailed explanations. I am taking each of your points into consideration, they make complete sense.
Yes you should give merchants the option to take different coins, and that may add to their legitimacy and utility as a cryptocurrency
Thanks for your opinion Stampbit, it shows me that there is an argument worth investigating further.
...however without a payment processor like bitpay to handle the transfer into fiat it is unlikely any merchant will want to use an alternative coin.
Yes, I agree. This is true at this point in time. I suppose my real question is will this change?
Mmm I wonder if BitPay would ever consider an alternative coin as a payment option? If so, which one/s?
Would MtGox ever include other coins on their platform?
Thanks again!