why trolls fail in financial expertise
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Topic: why bitcoin will fail as a currency (Read 2121 times)
I'm pretty sure that's only a problem if you arn't good at coding, and design your website with static prices.
Non-static prices are a form of failure. If the prices are tied to another currency, you could just as well use that currency directly. Why the unnecessary (costly) conversion to Bitcoin in the middle?
the volatiles in price made it very difficult for merchants to price their goods in terms of BTCs.
I'm pretty sure that's only a problem if you arn't good at coding, and design your website with static prices.
And if you guys can show me a market that the dollar doesn't have direct influence over that would be great.
I'm pretty sure that's only a problem if you arn't good at coding, and design your website with static prices.
And if you guys can show me a market that the dollar doesn't have direct influence over that would be great.
very estute.
That's a good point. It's unfortunately that only a small handful of people are actually dedicated to making Bitcoin a useable currency rather than a get rich quick scheme.
Some interesting points.
from reddit:
http://www.reddit.com/r/Bitcoin/comments/hv2cm/why_bitcoin_failed_as_a_currency_and_is_on_its/
from reddit:
http://www.reddit.com/r/Bitcoin/comments/hv2cm/why_bitcoin_failed_as_a_currency_and_is_on_its/
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