Who are the early adopters of a currency?

hilariousandco

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Quote from: empoweoqwj on December 20, 2013, 11:10:09 PM

Quote from: minerva on December 20, 2013, 08:09:06 PM

It isn't people who buy to sell it in the future. That's speculation. The early adopters of a currency are those who accept it for the goods and services they sell. How would one reward the true early adopters?

Takes little effort to accept it for goods and services. And companies doing so will do so for financial / PR reasons, they don't need rewarding. If they need rewarding, we all have a problem.

The early adoption stage with bitcoin has long gone.

It's still can be the early adoption phase if Bitcoin becomes worth tens of thousands.

minerva

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Quote from: empoweoqwj on December 20, 2013, 11:10:09 PM

Quote from: minerva on December 20, 2013, 08:09:06 PM

It isn't people who buy to sell it in the future. That's speculation. The early adopters of a currency are those who accept it for the goods and services they sell. How would one reward the true early adopters?

Takes little effort to accept it for goods and services. And companies doing so will do so for financial / PR reasons, they don't need rewarding. If they need rewarding, we all have a problem.

The early adoption stage with bitcoin has long gone.

It takes a great deal of effort to accept it for goods and services.

Unless you already live in a libertarian paradise without tax law and the need to pay certain groups and agencies in fiat.

hilariousandco

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Quote from: minerva on December 20, 2013, 08:09:06 PM

It isn't people who buy to sell it in the future. That's speculation. The early adopters of a currency are those who accept it for the goods and services they sell. How would one reward the true early adopters?

Surely 'early adopters' is self-explanatory. People who buy to sell in the future are both speculators and investors.

empoweoqwj

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Quote from: romerun on December 20, 2013, 11:20:45 PM

those that pump but miss the dump, keep holding, forget about it, and three years later..

... hope they haven't dumped their hard drive in a tip Wink

romerun

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Bitcoin is new, makes sense to hodl.

those that pump but miss the dump, keep holding, forget about it, and three years later..

empoweoqwj

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Quote from: minerva on December 20, 2013, 08:09:06 PM

It isn't people who buy to sell it in the future. That's speculation. The early adopters of a currency are those who accept it for the goods and services they sell. How would one reward the true early adopters?

Takes little effort to accept it for goods and services. And companies doing so will do so for financial / PR reasons, they don't need rewarding. If they need rewarding, we all have a problem.

The early adoption stage with bitcoin has long gone.

infinitybo

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Early adopters of a cryptocurrency are those taking greater risks therefore higher returns.

minerva

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It isn't people who buy to sell it in the future. That's speculation. The early adopters of a currency are those who accept it for the goods and services they sell. How would one reward the true early adopters?

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