slinkyavenger

10 ms·

1. 61.▲
   by slinkyavenger 14y ago

   That's called going through a re-seller. Of course, they also make sure to get a cut. Still just about anyone not doing business below the table is going to prefer USD, or some other state-backed currency.
2. 62.▲
   by slinkyavenger 14y ago

   Every business I hear about that starts accepting bitcoin does so through a third party exchanger - so companies are still getting paid in USD. That doesn't count as a bitcoin accepting company.
3. 63.▲
   by slinkyavenger 14y ago

   Growing steadily? Bitcoin value is wildly speculative, since it's only backed up by make-work, illegal goods trade, and scams. 100% true, at least for vendors, since they'll be waiting for confirmations. Otherwise they're facing double-spen
4. 64.▲
   by slinkyavenger 14y ago

   Bitcoin fluctuates wildly in value. Bitcoin takes quite a while for a transaction to happen, and there are waits and fees involved in exchanging money from USD and back to USD. Bitcoin doesn't allow chargebacks, an important consumer protec
5. 65.▲
   by slinkyavenger 14y ago

   People have already asked about Grooveshark, but where's MOG?