Post
Topic
Board Bitcoin Discussion
Re: What are the most convincing arguments against Bitcoin?
by
DirtyWilly
on 25/12/2013, 03:51:41 UTC
1. Buying goods with Bitcoin decreases value as merchants immediately cash out.  New money doesn't flow into falling prices of Bitcoin.
2. Numbers aren't easily digestible.  Ever pay 0.004994321 BTC for a loaf of bread?
3. BTC is not deflationary.  Altcoins such as LTC extend the supply if adopted.