4 ms·

OK? I agree with you. I never claimed they were holding it. Lots of Bitcoin-accepting businesses don't hold Bitcoin, and instead use it as a payment processo

• enraged_camel 12y ago
  The point is that a corporation "accepting" Bitcoin is not an endorsement by the corporation for Bitcoin. And even if it were, corporations are hardly the pinnacles of ethics and legality.
  • jafaku 12y ago
    Who said anything about ethics? Corporations accepting Bitcoin is evidence of its usefulness. And by the logic you guys are espousing, then e-commerces don't accept any currency that isn't the one their government forces them to use either, because they do it through intermediaries like Visa.
    • enraged_camel 12y ago
      >>Who said anything about ethics? Corporations accepting Bitcoin is evidence of its usefulness. I don't buy that either. The only thing it is an evidence of is that said corporations want to attract customers of a specific demographic. Overstock.com CEO himself is a libertarian, for example. If it wasn't for him I strongly doubt they would have implemented Bitcoin payments on their site. I mean, if Bitcoin is so useful, why have sites that have implemented it have done a miniscule if not virtually negligible amount of sales through it?
      • jafaku 12y ago
        If a hammer is so useful, why don't everyone use it every day?
• illuminate 12y ago
  "They still accept Bitcoin, no scare quotes needed." They accept fiat currency, not Bitcoin. The quotes were for accuracy, not "scare".