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Topic: You, yes you, are part of the problem. - page 2. (Read 2909 times)

member
Activity: 78
Merit: 10
October 08, 2014, 12:48:54 AM
#10
Now that we can seamlessly convert dollars to bitcoin from most bank accounts and we can spend most everywhere with gyft or bitcoin directly, there is no excuse not to convert your monthly discretionary income into Bitcoin.
Don't be silly. Most places DON'T accept bitcoin.
I would disagree. There are a very large number of merchants that either directly, or indirectly accept bitcoi payments. Many places that accept bitcoin indirectly do so via gyft. I would say that, based on total transaction volume of the merchants, you can spend bitcoin at majority of places
legendary
Activity: 1692
Merit: 1018
October 07, 2014, 11:54:49 PM
#9
Now that we can seamlessly convert dollars to bitcoin from most bank accounts and we can spend most everywhere with gyft or bitcoin directly, there is no excuse not to convert your monthly discretionary income into Bitcoin.

The one good thing about the falling bitcoin price is that it will encourage people to spend it.  Previously when people were watching the price rocket upwards in a seemingly one way trend it was silly to spend bitcoins unless you absolutely had to.

As for spending bitcoins 'most everywhere', bitcoins represent 0% of my yearly discretionary spending.  The local supermarkets, hardware stores, computer stores, sports stores, etc do not take bitcoin and it's not possible to buy gift cards using bitcoins for those stores either.  Most people live outside the USA.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
October 07, 2014, 11:47:20 PM
#8
Many businesses support Bitcoin payments, They pricing are based on Bitcoin price instead of Bitcoin.
legendary
Activity: 1652
Merit: 1016
October 07, 2014, 11:22:52 PM
#7
Now that we can seamlessly convert dollars to bitcoin from most bank accounts and we can spend most everywhere with gyft or bitcoin directly, there is no excuse not to convert your monthly discretionary income into Bitcoin.
Don't be silly. Most places DON'T accept bitcoin.
sr. member
Activity: 364
Merit: 250
October 07, 2014, 10:43:57 PM
#6
OP is assuming everyone here on the forum lives in the U.S. In other parts of the world, things you can buy with bitcoin is still very limited. Does your local supermarket accepts bitcoin?

Exactly right. 
Being most people's basic expenses are shelter, fuel, and food - who's landlord or mortgagee accepts bitcoin?
Can you buy gasoline with bitcoin yet?  Don't think so.

Interesting that you mention gasoline.  I have on many occasions touted gasoline as the ULTIMATE use case for bitcoin.

Typically, store owners pay huge fees on those transactions.  Like, their fees can easily equal their profit margins.  Bitcoin could, theoretically, dominate gasoline purchases because of the FAR lower transaction costs.
member
Activity: 68
Merit: 10
October 07, 2014, 10:20:26 PM
#5
OP is assuming everyone here on the forum lives in the U.S. In other parts of the world, things you can buy with bitcoin is still very limited. Does your local supermarket accepts bitcoin?

Exactly right. 
Being most people's basic expenses are shelter, fuel, and food - who's landlord or mortgagee accepts bitcoin?
Can you buy gasoline with bitcoin yet?  Don't think so.
hero member
Activity: 672
Merit: 500
October 07, 2014, 09:41:47 PM
#4
OP is assuming everyone here on the forum lives in the U.S. In other parts of the world, things you can buy with bitcoin is still very limited. Does your local supermarket accepts bitcoin?
member
Activity: 115
Merit: 11
Bitcoin is revolution
October 07, 2014, 09:33:08 PM
#3
For meantime still being few companies that accept BTC as a part of payment, will be difficult to ask people the conversion because the one who didn't do say the main problem is shops don't get the coin. But if you're consider yourself a Bitcoin supporter, excuses no more. Lead by doing it.
newbie
Activity: 18
Merit: 0
October 07, 2014, 09:22:57 PM
#2
Each to their own... I guess
legendary
Activity: 1639
Merit: 1006
October 07, 2014, 09:14:58 PM
#1
Now that we can seamlessly convert dollars to bitcoin from most bank accounts and we can spend most everywhere with gyft or bitcoin directly, there is no excuse not to convert your monthly discretionary income into Bitcoin.

To complain about the price and not be moving your spending to bitcoin simply means you have bought into something that you yourself do not understand or support.
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