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While they "take" bitcoins, they do not do any business whatsoever IN bitcoins. Nothing is denominated in bitcoins, the bar never receives any bitcoins, etc.
by jellicle 14y ago
While they "take" bitcoins, they do not do any business whatsoever IN bitcoins. Nothing is denominated in bitcoins, the bar never receives any bitcoins, etc. Bar prices its stuff in $, bar gets paid $. The End.
It's almost as if the bar doesn't want to reprint its menu twice a day to account for the bitcoin pricing bubble.
- baddox 14y agoHeaven forbid bitcoin be used for anything. If you buy them just to sit on them, you're a dirty speculator contributing to the bubble. But if you use them to purchase something, well, there's something wrong with the way you did that as well. I'm not sure what it would take to impress some people.
- jellicle 14y agoMy point is that this bar, run by a person who has drunk the Bitcoin Koolaid, is still unwilling to take any of the risk associated with doing business in bitcoins.
- deleted 14y ago[deleted]