3 ms·
"Companies will not sell goods and services based on Bitcoins. Bitcoins have to have stable purchasing power if they are to serve as money, and they will never,
by orenbarzilai 13y ago
"Companies will not sell goods and services based on Bitcoins. Bitcoins have to have stable purchasing power if they are to serve as money, and they will never, ever achieve stable purchasing power."
More & more companies announce that they accept Bitcoins on a daily basis, thus it has purchasing power & it creates value to the end consumer.
- nkuttler 13y agoHe's right though that very few accept bitcoin. Almost all use payment gateways that accept bitcoin but pay currency to the merchant.
- orenbarzilai 13y agoTrue. But some ppl are paying with Bitcoins & more websites adding this payment option, and recently it became a trend so it brings Bitcoin few steps further to become "real money".
- xgarland 13y agoYeah, it appears to me that the author sole purpose was to discredit the currency more out of bitterness more than actual valid data.