so, I have a lot of friends who own businesses that I could approach to accept Mintcoin (or any coin for that matter), What's my argument to make it worth their while? What do I say to:
1. There's too much volatility. The price drops, I lose money. (My answer: The price could go up. But not everyone wants the risk. I've never understood this about merchants that take Bitcoin either.) Any better arguments?
2. Who is going to use that?
3. Why, when I can just take cash or credit?
4. What about hacking and theft?
5. What if I lose a hdd and lose my wallet? I can't back it up every time I have a transaction.
I'm just playing devil's advocate here, but I think these are just some of the concerns to be addressed if we want widespread adoption.
Please, only educated responses.
I personally believe that Overstock, and most others just sells it the moment they get Bitcoin for example, but that's because they got a BTC -> USD exchange. Others not so sure about.
Don't think that will change until Bitcoin and others create much more volume which will reduce all the volatility that is currently seen in the price.