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Bitcoin was a perfectly reasonable way to buy a game on Steam in February last year. Of course my 0.035631 BTC purchase means I could have paid $15 cash and sav
by alanfalcon 9y ago
Bitcoin was a perfectly reasonable way to buy a game on Steam in February last year. Of course my 0.035631 BTC purchase means I could have paid $15 cash and saved the coins and had $287 worth of BTC today. So maybe it wasn’t reasonable.
- xbzbanna 9y agoThe fact that you used BTC for that purchase doesn't matter, you could also have decided to buy BTC instead of anything you bought with another currency. Although in an environment where the main national currency experiences deflation like bitcoin, you do actually see people responding to the incentive by reducing current purchases, which is bad for economic growth.