2012-11-14 paymentssource.com - A ‘Black Friday’ for Bitcoin Draws Some Spending

[ben-abuya]

“I don’t see any value in [Bitcoin] unless you’re a drug dealer or a gambler,” Kaminsky says. “It’s a very small group [that uses bitcoins] that most merchants wouldn’t want to be associated with.”

But Holmquist says Bitcoin is already overcoming the bad reputation, with more consumers and merchants in the market accepting the currency for products that are legal to sell.

Harvey, the guitar seller, says, “the bitcoin economy is tiny, but growing at a rapid pace. As more users and vendors adopt the currency it becomes more useful, leading to increased adoption. The ball is in the court of any skeptic to explain how this growth will suddenly peter out.”

http://www.paymentssource.com/news/a-black-friday-for-bitcoin-draws-some-spending-lots-of-buzz-3012390-1.html?pg=1

[RodeoX]

“I don’t see any value in [Bitcoin] unless you’re a drug dealer or a gambler,” Says a guy who knows nothing about gambling, drug dealing, or bitcoin.

fixed

[cunicula]

“I don’t see any value in [Bitcoin] unless you’re a drug dealer or a gambler,” Says a guy who knows nothing about gambling, drug dealing, or bitcoin.

fixed

Ignorance is forgivable. However, this fellow is a shill for the credit card industry.
http://www.mercatoradvisorygroup.com/index.php?doc=emerging_technologies

[RodeoX]

Good find cunicula!

[Bees Brothers]

The family has used bitcoins to purchase things like Bitcoin Magazines, video games, and a large gun safe."

edited

“I don’t see any value in [Bitcoin] unless you’re a drug dealer or a gambler,” Kaminsky says.

Maybe I should monitor the kid's internet activity more to make sure they are not blowing all their bitcoins on Silk Road...because they certainly "value" bitcoins more than Federal Reserve Notes.