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No, it's encouraging the customer use an established, stable currency which doesn't force him to closely monitor the exchange rate. Usually, he doesn't want eve
by thomasz 15y ago
No, it's encouraging the customer use an established, stable currency which doesn't force him to closely monitor the exchange rate. Usually, he doesn't want every transaction to be highly speculative.
- Jach 15y agoIt also depends, psychologically, on how early you got in. If you bought a bunch of bitcoins at $1 per BTC (or less), and a company is selling X for 1 BTC, you might think "Ooh, I'm getting X for just $1!" (Or if you do mining, calculate the electricity costs.) Sure, 1 BTC may be worth ~$30 right now, but you presumably want item X right now. Plus you get a physical asset worth ~$30 for what cost you in stable-money $1. (Though with the surge over the past week or so I'd agree with you on avoiding spending for that period if possible.)
- thomasz 15y agoNo way. Say I bought 49 coins for 49$. I wouldn't use them to buy one month of vps. I would convert them to ~1400$ and use 118 of those good old dollars to buy the service, tell myself how clever I am and spend the rest on cocaine or something like that.