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> Spend it at Amazon? My grocery store? My corner deli? Pay my rent? Pay my employees? YES on all accounts.
by decentralised 8y ago
> Spend it at Amazon? My grocery store? My corner deli? Pay my rent? Pay my employees?
YES on all accounts.
- cromulent 8y agoNo, you can't spend Bitcoin at Amazon. They don't accept it. The others depend on whether they choose to accept it or not. It's not the same as legal tender, where they must accept it.
- decentralised 8y agoYou can use a service to pay Amazon shopping with bitcoin. https://www.cryptocompare.com/coins/guides/how-to-buy-on-amazon-with-bitcoin/ https://www.cryptocompare.com/coins/guides/how-to-buy-on-ama...
- cromulent 8y agoSure, maybe there's a service that allows you to pay with live chickens for Amazon gift vouchers. By your definition that makes live chickens money, I guess.
- decentralised 8y agoChickens could very well be money, at least bones have been used before. edit:https://www.bbc.com/news/av/business-18827269/a-brief-history-of-money https://www.bbc.com/news/av/business-18827269/a-brief-histor...
- DonHopkins 8y agoYou're missing the point. Again. He countered your argument. You reply ignores that fact, and just tries to derail the conversation.
- wizeman 8y agoI don't think "legal tender" means what you think it means. In many jurisdictions (including the US and the Eurozone, as far as I know), almost no business is required to accept legal tender as payment. Legal tender is only required to be accepted when settling a debt, and even then there can be restrictions (such as a maximum denomination or number of banknotes or coins, a maximum amount that can be settled in cash, or contract obligations).
- cromulent 8y agoI think it does mean exactly what I think it means :) It's not about debt, it's about payments. If there is no agreement to the contrary, then you must accept legal tender. You also don't have to accept anything else. Amazon have chosen not to accept Bitcoin, and instead to accept payment via certain credit cards. Saying that they accept Bitcoin is false. Trying to pay people unexpectedly in Bitcoin or chickens or something else will not go well. They can demand legal tender, unless there are other agreements in place.
- wizeman 8y agoI still don't understand why you are mentioning legal tender in this discussion. Legal tender is cash, credit cards are not legal tender. Therefore Amazon does not accept legal tender. Yes, businesses like Amazon could demand payment in legal tender (or credit cards, or Bitcoin) but they are under no obligation to accept any of those forms of payment. Bitcoin is no different than credit cards with respect to legal tender.
- cromulent 8y agoAh yeah, the OP is arguing elsewhere that Bitcoin is legal tender in some European countries, and here he is trying to say you can use it to pay your employees and Amazon etc. I can see how I am confusing things, sorry.
- berbec 8y agoIf that is true for you, I'm impressed. Could I see the properly redacted receipt from any of these listed places showing you paying in crypto? Maybe a pack of gum would be easiest. It'll be like 0.0000000001 BTC.
- decentralised 8y agoCould also show 1 mBTC but that's a UX question imho.
- berbec 8y agoI agree if such a receipt from a corner store could be shown, it could have many ways of displaying the amount of BTC paid for the pack of gum. I would love to see such a receipt.
- DonHopkins 8y agoAgain, you're missing the point, and trying to derail the conversation. He called you on your outrageous claim, asking for proof. You dodged and tried to derail, instead of providing the proof he requested. But that certainly proves his point, that you're not sincere about your extraordinary claim "YES on all accounts" that you can't even provide any ordinary evidence to support when asked to, instead you suddenly try to change the subject to UX.