Quote from: proudhon on January 23, 2014, 08:09:25 PM

I added this to my above post, but I want to make sure people see it as it is helpful confirmed bad news to show why SHOTRING bitcoin on maximum leverage is a winning strategy. Here, I'll quote a verified source:

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I forgot to add another devastating fact from confirmed sources. When companies like Overstock implement bitcoin we see it gets used "a lot" for the first few days and then usage drops off after a while. The fact that Overstock's entire customer base isn't using bitcoin yet demonstrates in yet another conclusive and verifiable way that the whole system is a failure. This is all proven. You can check it with a simple google search.

I first thought your post was sarcasm, but judging by your previous posts I think it wasn't.
So you are saying that when TV was invented, it was a failure because people didn't immediately throw away their radios?

If a company pays 3% for every credit card transaction and just 1% for bitcoin it wins 2% for every sale using bitcoin. For 500k worth of sales that would make 10k. Who loses here; consumer who pays in bitcoin, the company who accepts bitcoin or credit card companies? Obviously I pulled these figures out of my ass, but you get the idea?