Re: Wall Observer - MtGoxUSD wall movement tracker

Buy as many bitcoins as you can, until once there is anything that you can do with bitcoins (and the price has risen dramatically as the impact)

Which could be never and that's looking more likely as more businesses snub Bitcoin for other options or even their own options.

I think similar things were said in the early days of the internet. We are 4 years into the worlds largest social experiment and you know the answer?

Businesses want to make money. You said you are a capitalist, right. Well, if you could drop visa, mastercard, etc. and increase some of your sales profits by 2%-4%, why would you "snub" that?

From a purely economical point of view (no worries about government intervention), Bitcoin is GREAT for business. Adoption is another matter...

Coinseeker is right. There is a probability that:
- crypto will lose the battle to fiat
- BTC will lose in the battle between cryptos.

There is some small ideas and big ideas to enforce BTC, though. We already gave Bitcointip in Haikko, and I am likely extending it to Punavuori (an area in the center part of Helsinki where about 5000-10000 people live). We will dole out free millibitcoins as bills, and inform all the restaurants there that if they serve their clients well, they will receive tips (because tips are already there in the hands of their clientele - we have give them out for free to all the inhabitants

)

Then the restaurants can cash them in for euros, or redeem them for actual bitcoins. Or keep them in circulation as bitcoin-denominated change.

My idea is to start with 5, 10, 20 so very small notes that we give out for free and prepare that many do not care. But some will, and that's going to be fun