Quote from: Ghaleon16 on October 13, 2014, 11:10:30 PM

https://www.youtube.com/watch?v=woQ1j8gBje8

Pretty cool.... BUT...

this will just keep sinking the price unless we get them to actually KEEP the btc and exchange it for GOODs... with merchants who also keep it and exchange it for goods... like maybe a hotdog from a food truck... thus completing the circle!

Example:
If a cafe begins using Bitcoin and instantly converting it to dollars then there is no circle. Blood does not flow from your heart to your arm and remain there, it must flow back for there to be life. When that cafes suppliers, like the bean distributor and bakery begin accepting Bitcoin and their suppliers such as the farm that supplies them their beans and flour begin accepting Bitcoin then we are approaching the closure of the circle. If that farmer goes into the city and buys a cup of coffee with Bitcoin then the circle is officially closed.

We really need to figure this out.

Check this article, does a decent job of explaining the concept. http://blog.easybitz.com/2014/10/05/closing-the-circle/

The music is awesome in it! I see the original: https://www.youtube.com/watch?v=o_I8KB4CeVI & https://www.youtube.com/watch?v=OGAinUySHQU