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You say "why would I spend bitcoins if I don't have any?" That's the problem of bootstrapping an economy. But I would like to point out that the history of Bitc
by mrb 12y ago
You say "why would I spend bitcoins if I don't have any?" That's the problem of bootstrapping an economy. But I would like to point out that the history of Bitcoin demonstrates it is not such a big problem. Indeed more and more merchants are accepting it, more and more users are setting up wallets, more and more people are giving bitcoins to friends and family, etc.
So given this adoption, at some point you will probably receive some bitcoins. Perhaps a friend will give you bitcoins as a birthday gift, or a coworker will insist to pay you back his sandwich in Bitcoin. Then you will say to yourself "hey, why not spend it on that ergonomic Dell keyboard"?
And you will have played a role in bootstrapping the Bitcoin economy.
- foobarqux 12y agoI don't think it is plausible that a significant number of people will receive a material portion of their income from Bitcoin. Your examples of ways in which I can receive BTC are trivial in amount and frequency.