Post
Topic
Board Economics
Re: Would u pay in bitcoin?
by
leannemckim46
on 20/09/2014, 23:05:03 UTC
People is not gonna buy nachos with an investment (its what it is now because you are risking fiat money to own btc, unless you are the lucky ones in big signature campaings or something, or obviously you got a shit ton in the early days).
People who think that bitcoin is an "investment" are acting recklessly with their money. What you are essentially doing is encouraging people to not spend their bitcoin and to instead hoard, which is very bad for bitcoin over the long term because it means the overall bitcoin economy is lower then it otherwise would be