Quote from: eaLiTy on February 18, 2019, 01:53:46 AM

Quote from: deisik on January 27, 2019, 04:37:42 PM

And this is where we see Bitcoin being willingly accepted by providers of these services and suppliers of such goods. You can easily buy elite real estate, pay for the most exclusive sports cars, seduce your passion with most exquisite jewelries, and you can do all these things with bitcoins - provided you have enough of them, of course. In simple terms, when money talks bullshit walks. And Bitcoin is that money

So it is not about merchants at all

These are probably one off deals and it does not mean that they are accepting bitcoin for the rest, the elite customers can negotiate the deals on their terms if they are willing to pay more in bitcoin than the dollar rates and i am sure so is the reason they got these one off deals but that does not mean that they will be accepting bitcoin from everyone, surely money talks and that is what has happened here, merchant adoption means that everyone is able to spend the same coins and get those products and that is not the case here. People who accumulate wealth can dictate the terms but not everyone

I definitely see your point

And I can't say that I particularly disagree with it. However, while a small individual with empty stomach and holey pockets can't indeed dictate his terms (and in this you are certainly right), things change if there are many such individuals. In this case, it becomes essentially the same as one big wheel with deep pockets. Thereby, we still come to the same conclusion, i.e. it is the lack of sufficient demand that prevents merchants from fully embracing crypto