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I will bite, despite suspecting that this is a useless argument to wade into :). What do you consider "valid quantities?"
by bitxbitxbitcoin 9y ago
I will bite, despite suspecting that this is a useless argument to wade into :). What do you consider "valid quantities?"
- austincheney 9y agoDo you know of a population segment that makes more than 10% of their monthly purchases in cryptocurrency alone or a major business that receives a greater than 10% revenue from cryptocurrency? I have heard of people on here living in silicon valley who claim to purchase occasional drinks with cryptocurrency, but I have not heard of practical or regular expenditures with cryptocurrency or anybody that I know offline who uses it for any kind of expense.
- justboxing 9y agoCryptoKitties ? 12 MILLION in 2017, all in Ethereum / ETH. > CryptoKitties, the Ethereum-based digital kitten collectibles game, has processed more than $12 million in sales on its decentralized marketplace. Source: https://cointelegraph.com/news/cryptokitties-sales-hit-12-million-could-be-ethereums-killer-app-after-all https://cointelegraph.com/news/cryptokitties-sales-hit-12-mi... Also, a story on their revenue model => https://medium.com/@codetractio/a-look-into-cryptokitties-revenue-model-6466b705a998 https://medium.com/@codetractio/a-look-into-cryptokitties-re...
- trakout 9y agoI purchased a laptop on Newegg last year using Bitcoin. Expedia takes Bitcoin as a payment method. Both of these are practical (and in some cases regular) expenditures.