Post
Topic
Board Speculation
Re: Bitcoin Shrinking - The Long View
by
Synaptic
on 15/07/2011, 19:00:47 UTC

Have you ever heard of "no-one gives a fuck?"

Again, no-one cares that a guy traded a brown paper bag containing a copious bowl movement that's held closed by scotch tape with a drawing made by his 6 year old first born son on the front for a fancy yacht.

I mean, really? Every odd sale or trade on craigslist is newsworthy? Enough to drive market speculation on the bags of shit exchange?

I love it here, I really do.

No, no one cares because people buy things on craigslist in cash (USD).  People have been buying cars in cash since they were invented.  To my knowledge, no one has ever bought a car with bitcoins.

I don't think Synaptic has ever spent more than $200 before, from his mom's credit card.
Synaptic, I'll give you an example.  I buy all my cars in cash, period.  The latest car I bought cost $6000.  I withdrew $6000 from my bank in cash and carried that with me to make the purchase.  It's very nerve racking carrying that much cash in your pocket.  With a bitcoin transaction, you don't carry any cash in your pocket and yet it is as good as cash.

Have you tried Dwolla?