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Title: why bitcoin will fail as a currency Post by: ralaf on June 11, 2011, 05:04:45 PM Some interesting points.
from reddit: http://www.reddit.com/r/Bitcoin/comments/hv2cm/why_bitcoin_failed_as_a_currency_and_is_on_its/ Title: Re: why bitcoin will fail as a currency Post by: AyeYo on June 11, 2011, 05:22:44 PM That's a good point. It's unfortunately that only a small handful of people are actually dedicated to making Bitcoin a useable currency rather than a get rich quick scheme.
Title: Re: why bitcoin will fail as a currency Post by: Jdumond on June 11, 2011, 05:38:07 PM very estute.
Title: Re: why bitcoin will fail as a currency Post by: Kroutonz on June 11, 2011, 05:42:15 PM the volatiles in price made it very difficult for merchants to price their goods in terms of BTCs.
I'm pretty sure that's only a problem if you arn't good at coding, and design your website with static prices. And if you guys can show me a market that the dollar doesn't have direct influence over that would be great. Title: Re: why bitcoin will fail as a currency Post by: MikesMechanix on June 11, 2011, 06:37:24 PM I'm pretty sure that's only a problem if you arn't good at coding, and design your website with static prices. Non-static prices are a form of failure. If the prices are tied to another currency, you could just as well use that currency directly. Why the unnecessary (costly) conversion to Bitcoin in the middle? Title: Re: why bitcoin will fail as a currency Post by: Basiley on June 11, 2011, 07:43:47 PM why trolls fail in financial expertise
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