Post
Topic
Board Bitcoin Discussion
Re: shopping with BTC
by
ledinasaliasi
on 26/01/2018, 02:42:19 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?
It will be too complicated. The company will have a potential of holding all the BTC they have earned for atleast a year and wait for its profit to grow exponentially. This is the reason why fiat money is more reliable in real life and almost everything is useless without fiat money.
that’s right there are no easy way to use bitcoin for payments because bitcoin is still being stuck by slow transactions so how can the store can wait for a very long time for bitcoin transferred to their account. Moreover the price of bitcoin always up and down unexspectively so bitcoin will not be able to be used in business.