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Author Topic: [2014-08-23] Bitcoin Accepted Here; Dollars, Not So Much  (Read 1110 times)
epere (OP)
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August 23, 2014, 04:35:10 AM
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http://blogs.wsj.com/moneybeat/2014/08/22/bitbeat-bitcoin-accepted-here-dollars-not-so-much/

Yeah, it’s pretty right. “I’m a big advocate of sound money,” CEO Stephen Macaskill told us over the phone. The dollar, no longer backed by gold, is controlled by “political whim,” he said. It’s not a currency he wants to hold.

Okay, that’s fine, that’s his opinion. But that’s different than stating you won’t accept dollars. We pressed him, sensing a fudge. Surely, we asked, on Jan. 1, 2017, if somebody wanted to hand you dollars for gold, you wouldn’t turn that business away, would you?

There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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cryptofan5
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August 23, 2014, 04:43:51 AM
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Keep the article and call him on Jan 1, 2017 and check :-)
The truth is that unless US will default or devalue the dollar, nobody will stop accepting it.

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