Post
Topic
Board Bitcoin Discussion
Re: NewEgg accepting BTC!?
by
DannyElfman
on 07/07/2014, 03:31:11 UTC
You're ignoring a huge difference between real money and BTC.  A business cannot risk actually touching BTC, as their banks would likely stop doing business with them.  They also risk becoming a target of launderers, and thus risk criminal investigation.  Besides the wild fluctuations in value that make BTC as a currency very dumb, the rampant criminal activity in this community assures that no business will touch BTC except through shady VC-funded ops like Bitpay.   

You're getting pretty desperate to justify your outdated viewpoint, keep the blinders on, the world will move on without you Wink.

Sorry for feeding the troll, I'll stop.


i'm not quite sure if he's a troll, but he's definitely wrong. overstock has hoarded some bitcoins, and im sure banks are still working with them.

Banks court big business not the other way around.
Banks do court big businesses however they also have compliance teams and risk teams that can veto transactions and relationships that are too risky