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You can join the market with $1, or $10, or $20... nothing says you have to buy at least 1 BTC. If Bitcoin continues appreciating, it may be $1000 US per BTC ne
by dangrossman 14y ago
You can join the market with $1, or $10, or $20... nothing says you have to buy at least 1 BTC. If Bitcoin continues appreciating, it may be $1000 US per BTC next year. That won't stop people that only want to spend $5 from transacting in it; it's designed to be divisible. You can hold and spend a fraction of a bitcoin. We don't round transactions to the dollar even in USD.
- GhotiFish 14y agoyes, but if I was gonna do that, I might as well tap bitcoin faucet or take a cruddy graphics card I have laying around and join a mining pool for a week. I want to try buying things. No one's selling for 0.6 µBTC
- consz 14y agoYes they will, everyone selling actual goods in BTC sells at the USD equivalent, if you previously wanted to play with X dollars of whatever currency you use, you can still play with X dollars of whatever currency you use.