3 ms·
It's only adoption when at least one of these is true: a) people regularly trade it for goods or services b) people stop caring about the conversion rate to t
by usrusr 9y ago
It's only adoption when at least one of these is true:
a) people regularly trade it for goods or services
b) people stop caring about the conversion rate to their local plain old fiat money currency
a could greatly help b but it's not happening
- gaius 9y agoc) the government accepts taxes in it
- rhino369 9y agoI don't think that is necessary. I could imagine a world where bitcoins are used for large portions of the economy, but the government still wants to use dollars. But there is no indication anything but online drug sales are actually being conducted in bitcoin. And even online drug dealers are looking for a replacement because bitcoin is an awful currency.