Quote from: Xezlec on June 17, 2011, 03:40:34 AM

Hmm, but isn't a merchant an investor to some extent? They need a reason to believe that it will hold its value at least until they cash it in.

To some extent, yes. They don't need to bank on the long-term prospects of bitcoin though. If they're seriously bearish, they could just exchange their coins for fiat immediately whenever they complete a transaction. As long as bitcoin is around long enough for them to turn a profit on whatever work they put into setting their businesses up to accept the transactions, they'll be fine. Even if that doesn't happen, they lose very little as compared to someone who spends thousands on buying bitcoins in hopes that the price will increase over the long term.

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Also, I'm a software developer, and despite my skepticism, I am kind of interested in writing something to play with this. What do you need?

I don't personally need a software dev. I meant that the bitcoin community needs them.

If you're looking for work, check out the marketplace section of the forum. You can advertise your services (once you get out of newbie purgatory), and there are occasionally people seeking devs there that you can reply to via private message.

gideon g

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