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He is talking about using that currency as a way of being paid (= running his business), not for investing neither for speculating. N.B. maybe I'm wrong but ac
by Ecio78 13y ago
He is talking about using that currency as a way of being paid (= running his business), not for investing neither for speculating.
N.B. maybe I'm wrong but according to this graph:
http://bitcoincharts.com/charts/mtgoxUSD#rg360ztgSzm1g10zm2g25 http://bitcoincharts.com/charts/mtgoxUSD#rg360ztgSzm1g10zm2g...
http://blockchain.info/charts/market-price http://blockchain.info/charts/market-price
Now bitcoin has half the value than in April (and, I known, 10x Jan value). Too volatile to use if your business IMHO.
- jafaku 13y agoLike it has been said a gazillion times already, you can get paid in USD if you want to (using Bitcoin behind the scenes). You get the same benefits as a merchant (no chargebacks, easy implementation, ridiculously small fees, countries: All), and without the annoying x10 yearly gains.
- Ecio78 13y agoThat's probably what you should have said in the first post (benefits as a merchant) and not implying he was dumb because it was missing those fabulous gains