It is realized and understood by everyone here. The pricing are in dollars and converted to bitcoin for payment. Bitcoin should be used as a currency because that's the main feature of it, I don't see anything wrong if merchants are actually converting to dollars after accepting bitcoin because the fees are quite low and it can be transferred everywhere in the world.
They have to convert it because it's either their suppliers doesn't accept bitcoin or they have to pay for other things that don't accept bitcoin. But the most important part is that they are accepting bitcoin and there's a way to convert it on their side.
Topic: No one ever sells, nor buys anything in BitCoin.. Think this is wrong, read on! - page 7. (Read 1022 times)
January 15, 2020, 03:30:48 PM
January 15, 2020, 03:13:28 PM
No one ever buys nor sells anything in Bitcoin:
Stores that claim to " accept " bitcoin are just providing a quick and easy way for you to convert your Bitcoin into US DOLLARS, which is what the store operates on. All pricing is done in US DOLLARS, the store purchases their stock, pays their bills, and makes deposits into the bank and operates in US Dollars. Having to convert Bitcoin into US Dollars at every transaction is MORE COSTLY, More Complex, More Time Consuming than just using US Dollars. Using Bitcoin to pay in a store is NOT the better more efficient payment system that BitCoin initially promised, some stores are just willing to do the extra work, and go to the extra expense to get your business. SERIOUSLY, could you imagine trying to run a store, and price something in Bitcoin ??? If you are still to dumb to get it read a few examples below:
If I were looking at car's, a they were advertising selling a Toyota Camry for 3 Bitcoins, one day it would be a total bargain, the next day a fair buy, and the next day it might be massively overpriced.
Would you rent an apartment that really operated on Bitcoin, priced your lease in Bitcoin of 1/2 bitcoin per month ??? That would have been great at the beginning of the year, and you would be evicted and homeless now as the price more than doubled.
How about get your salary paid by BitCoin, lets say in January 2018 you took a salary of 1/10 bitcoin per month. You would be working for almost nothing a year later.
WISE UP PEOPLE, realize the difference between using bitcoin as a currency, and converting it t US Dollars to use as a currency 🙈🙈🙈🙈
Stores that claim to " accept " bitcoin are just providing a quick and easy way for you to convert your Bitcoin into US DOLLARS, which is what the store operates on. All pricing is done in US DOLLARS, the store purchases their stock, pays their bills, and makes deposits into the bank and operates in US Dollars. Having to convert Bitcoin into US Dollars at every transaction is MORE COSTLY, More Complex, More Time Consuming than just using US Dollars. Using Bitcoin to pay in a store is NOT the better more efficient payment system that BitCoin initially promised, some stores are just willing to do the extra work, and go to the extra expense to get your business. SERIOUSLY, could you imagine trying to run a store, and price something in Bitcoin ??? If you are still to dumb to get it read a few examples below:
If I were looking at car's, a they were advertising selling a Toyota Camry for 3 Bitcoins, one day it would be a total bargain, the next day a fair buy, and the next day it might be massively overpriced.
Would you rent an apartment that really operated on Bitcoin, priced your lease in Bitcoin of 1/2 bitcoin per month ??? That would have been great at the beginning of the year, and you would be evicted and homeless now as the price more than doubled.
How about get your salary paid by BitCoin, lets say in January 2018 you took a salary of 1/10 bitcoin per month. You would be working for almost nothing a year later.
WISE UP PEOPLE, realize the difference between using bitcoin as a currency, and converting it t US Dollars to use as a currency 🙈🙈🙈🙈
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