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why bitcoin will fail as a currency
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Topic: why bitcoin will fail as a currency (Read 2115 times)
ralaf
(OP)
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why bitcoin will fail as a currency
June 11, 2011, 05:04:45 PM
#1
Some interesting points.
from reddit:
http://www.reddit.com/r/Bitcoin/comments/hv2cm/why_bitcoin_failed_as_a_currency_and_is_on_its/
AyeYo
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Re: why bitcoin will fail as a currency
June 11, 2011, 05:22:44 PM
#2
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.
Enjoying the dose of reality or getting a laugh out of my posts? Feel free to toss me a penny or two, everyone else seems to be doing it! 1Kn8NqvbCC83zpvBsKMtu4sjso5PjrQEu1
Jdumond
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Re: why bitcoin will fail as a currency
June 11, 2011, 05:38:07 PM
#3
very estute.
I dont like the guy. How many reasons do I have? alot.
How many reasons do I need? none.
I just dont like the guy.
Donate here: 1Juv5x7PHcNQdRzdUpWK1DHMKwMy7j7zxj
Tradehill: TH-R11447
Kroutonz
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Re: why bitcoin will fail as a currency
June 11, 2011, 05:42:15 PM
#4
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.
MikesMechanix
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Re: why bitcoin will fail as a currency
June 11, 2011, 06:37:24 PM
#5
Quote from: Kroutonz on June 11, 2011, 05:42:15 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?
Please send your extra Bitcoins to 17miTorGDBUh3yNTYJtodJPw9wzrcNcf6y. Thank you!
Sign up on TradeHill Instant Bitcoin Exchange using this link to get a lifetime 10 % discount on trades!
Basiley
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Re: why bitcoin will fail as a currency
June 11, 2011, 07:43:47 PM
#6
why trolls fail in financial expertise
http://www.google.com
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