3 ms·
It does, that's why people do not usually use bitcoin (/other coins) for everyday transactions.
by fooker 8y ago
It does, that's why people do not usually use bitcoin (/other coins) for everyday transactions.
- thecatspaw 8y agoBitcoin isnt used for everyday transactions not because of its reputaiton. Its because its inconvenient, and people like a stable currency. The reputation followed what people buy with bitcoins When I pay someone 1000$, I expect that to arrive as 1000$ (excluding fees here). With stable currencies that is a pretty safe bet, unless the transaction takes days.
- fooker 8y agoSure, but if you made it extremely convenient, the usage would increase by a few orders of magnitude and the price could stabilize.