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Yes, true for now, but I'm assuming it'll settle down eventually after and if it goes mainstream. Edited above to reflect.
by gnaritas 13y ago
Yes, true for now, but I'm assuming it'll settle down eventually after and if it goes mainstream. Edited above to reflect.
- rsynnott 13y agoBit of a chicken and egg problem, really; if you're selling something, you probably don't want to be using bitcoin unless you're either a True Believer, or your product has extremely high margins and you're confident that use of bitcoin won't cannibalise use of more stable payment options. If you make a 5% margin on your product, you don't want that to be erased by a currency shift. The big non-True Believer users thus far have largely been either illegal materials, or ultra-high-margin things (reddit gold, Humble Indie Bundle etc).
- gnaritas 13y agoI agree.