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>buying anything with Bitcoin >2013 Why would anyone do this? Tomorrow you could buy two of the thing you bought today. At this moment in time Bitcoin is not
by pearjuice 13y ago
>buying anything with Bitcoin
>2013
Why would anyone do this? Tomorrow you could buy two of the thing you bought today. At this moment in time Bitcoin is not a viable currency and you would be foolish to spend it like that.
- bdcs 13y agoYou asked why anyone would buy something with Bitcoin. Imagine you buy something on Amazon, you can buy bitcoins (with a 1% fee) at coinbase, and use Gyft which gives you 3% back. You end up getting (1+3%)/(1+1%) ~ 2% back. You can also always replenish your bitcoin holdings at the end of the day, if you want to maintain a certain amount of bitcoin exposure.