Post
Topic
Board Speculation
Re: The Volatility of BTC makes it hard for companies to accept it.
by
BittBurger
on 26/11/2013, 17:38:00 UTC
They'll accept it when it's no longer volatile. Now is the wealth preservation phase of Bitcoin.

^^^ This.

There are stages to this process folks.   Bitcoin is only 3 months old, as far as worldwide awareness.   How long has the US Dollar been around?

How did Gold look as a currency 3 months after it was first used?

Hoarding (saving) is really just propagation of the currency, which is necessary while Merchants establish the infrastructure.

When both are done?   Commerce begins.

-Burger-