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>1. The few companies that accepted it are gradually stoping to support it (Microsoft for instance). Microsoft still accepts it. http://www.cnbc.com/2016/03/1
by Rmilb 10y ago
>1. The few companies that accepted it are gradually stoping to support it (Microsoft for instance).
Microsoft still accepts it.
http://www.cnbc.com/2016/03/14/microsoft-stops-accepting-bitcoin-on-windows-10.html http://www.cnbc.com/2016/03/14/microsoft-stops-accepting-bit...
Bitcoin's utility is still valuable for empowering those people stuck with a currency they don't want to hold like Argentina.
http://www.economist.com/blogs/schumpeter/2014/06/bitcoin-argentina http://www.economist.com/blogs/schumpeter/2014/06/bitcoin-ar...
Edit: Forgot to point out the lack of utility for us in the developed world is very true.
- roywiggins 10y agoQuestion: how does Bitcoin help you get around currency controls? Who is selling Bitcoin for Venezuelan money?
- brighton36 10y agoMost of the people in venezuela with bitcoin trade it for dollars. Typically by routing it to the states, though there is a small local network of exchangers that route paper dollars over the border. However, most of the underserved users are in the states.
- elorant 10y agoI don't know about currency controls but in Greece with capital controls imposed there were a lot of people who turned to Bitcoin to withdraw as much money out of their bank as they could. You can't withdraw more than 420 euros weekly per bank in cash but no one's stopping you from buying as much bitcoin as you like using credit/debit cards.