Post
Topic
Board Economics
Re: Billionaires hate Bitcoin.
by
notme
on 29/03/2012, 04:06:20 UTC
How does sending $4 of cash to hong kong have to do with billionaires?  Even as a poor person, I'm not stupid enough to make small-ticket purchases overseas.

As a real live poor person (< $10k a year compared to your "perspective of a very wealthy individual") with an IQ above 130, I can assure you I have often purchased small ticket purchases oversees.  It's cheaper to order from china than to pay the importer his cut.

http://www.dealextreme.com/

Nothing stupid about paying less, but you don't care because you can piss your money away.