Post
Topic
Board Bitcoin Discussion
Re: shopping with BTC
by
athanz88
on 04/12/2017, 11:39:08 UTC
If we buy stuff with BTCand the company just sells it for cash right away, it's probably not good for the BTCprice.

What do you think?  Will shopping with BTC be good or bad for BTC?

Well, i think it wont affect bitcoin in anything, amount or price wise.
Because it is just like a normal buy and sell things, and that is what happen in an exchange everyday. It is just a cycle.
But for the transaction matter, there will be a lot of transaction if this happen, and the question is, can all this transaction be done in a fast and short time? This would hurt bitcoin names if the transaction is slow, as people want for faster and safe transaction with digital currency. So because of that, i would love to see bitcoin has a fast transaction (maybe instant would be better) with an acceptable fees.