Topic: Even now in 2017, why is bitcoin *still* not accepted as a major currency? - page 5. (Read 3243 times)
March 18, 2017, 02:14:40 PM
The answer is simple, because fiat currencies are still the major and that is how it will stay. For various reasons virtual currencies including Bitcoin can't just replace fiat currencies because the world financial system couldn't function that way and that would require changes that just are not possible. But no matter to that Bitcoin is accepted, not maybe that widely as we would like to but in the upcoming years it could become more equal to fiat money. Many people use it and more will begin to use it, so that is success.
March 18, 2017, 02:13:30 PM
It's not accepted because currency does not have violent swings in value. What other currencies go up or down as quickly as digital currency? If I'm a business owner I can't say a book is 0.01 BTC, and one day it's worth $12 and the next $10. Large swings in the market would kill businesses
March 18, 2017, 02:11:58 PM
Doesn't make any sense TBH. We should've seen it starting to replace conventional currencies by now.
We are not seeing it as a currency for the same reason that we are not seeing gold coins or Apple shares as a currency.
Bitcoin isn't a currency. It is a highly mobile commodity. You can pay in bitcoins but the seller actually wants $$$ , not btc.
March 18, 2017, 02:08:46 PM
bitcoin has no arms. no legs and no voice.
bitcoin will not be accpted in your local town store if you simply sit on yor hands and hop bitcoin somehow drops in and talks to your local stores manager.
bitcoin only grows as a real world currency if those that want it in their local stores, actually themselves go into their local stores and help the local stores be bitcoin acceptable.
this means YOU (anyone reading this that wants their local store to accept bitcoin)
bitcoin will not be accpted in your local town store if you simply sit on yor hands and hop bitcoin somehow drops in and talks to your local stores manager.
bitcoin only grows as a real world currency if those that want it in their local stores, actually themselves go into their local stores and help the local stores be bitcoin acceptable.
this means YOU (anyone reading this that wants their local store to accept bitcoin)
Surely plenty of people did this in the last 5 years?
March 18, 2017, 02:04:56 PM
because, Bitcoin, it's this :
And this, too ...
So ... ouch ?
And this, too ...
So ... ouch ?
March 18, 2017, 02:04:04 PM
bitcoin has no arms. no legs and no voice.
bitcoin will not be accpted in your local town store if you simply sit on yor hands and hop bitcoin somehow drops in and talks to your local stores manager.
bitcoin only grows as a real world currency if those that want it in their local stores, actually themselves go into their local stores and help the local stores be bitcoin acceptable.
this means YOU (anyone reading this that wants their local store to accept bitcoin)
bitcoin will not be accpted in your local town store if you simply sit on yor hands and hop bitcoin somehow drops in and talks to your local stores manager.
bitcoin only grows as a real world currency if those that want it in their local stores, actually themselves go into their local stores and help the local stores be bitcoin acceptable.
this means YOU (anyone reading this that wants their local store to accept bitcoin)
March 18, 2017, 01:55:17 PM
Doesn't make any sense TBH. We should've seen it starting to replace conventional currencies by now.
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