Post
Topic
Board Bitcoin Discussion
Re: THIS CRASH IS DIFFERENT than previous crashes... The FEDERAL RESERVE is why....
by
o_e_l_e_o
on 26/06/2022, 07:53:53 UTC
NO ONE is pricing their products in Bitcoin and using it as a currency.  When you pay by Bitcoin, it is instantly converted into US DOLLARS that the seller uses.
Completely wrong yet again. Thousands upon thousands of people are using bitcoin as a currency every single day. There are plenty of merchants who price things in bitcoin, and there are plenty of merchants who accept bitcoin directly without converting it to fiat to either hold themselves, pay their staff, pay their supplies, buy goods and services for their business or themselves, and so on. You spewing out nonsense on a forum of something you have zero experience with doesn't change the fact that this is happening around the world every day.

1.   If you were hired  at a job last year, and paid in Bitcoin, and your pay was actually priced in Bitcoin, at a rate of 1 Bitcoin per year, would you still be working Huh
Depends. Where do I live? Venezuela? Zimbabwe? Sudan? Turkey? Bitcoin is definitely preferable to their highly inflationary fiat currencies.