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A lot of merchants are giving 25% or more discounts when paying with bitcoin. That's a way to factor the appreciation of the currency into the price and encour
by tocomment 14y ago
A lot of merchants are giving 25% or more discounts when paying with bitcoin. That's a way to factor the appreciation of the currency into the price and encourage spending.
- r00fus 14y agoBut that itself is only there because the bubble is expanding right now. What happens when a government decides enough is enough and buys then dumps BTC? It wouldn't take much capital to cause a bank run type of inflation attack.