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Comments
k
Okokokokok
fantastic
Expect some criminals on-board soon start offering Bitcoin as payment option;)
How are you going to deal with the huge sways in value? Since I assume you pay your vendors in dollars.
From https://bitpay.com/bitcoin-direct-deposit:
@jbiloh I convert it same day to dollars and autodeposit to bank. I'm not keeping the bitcoins.
Might be short sighted as bitcoins may increase in value against the fiat printed on toilet paper, soon to be worth less than toilet paper US dollar.
That's what all these wars are about. Iran deciding to sell OIL is roubles, euro and rupees, so it has to be crushed to prop up the US fiat currency. For the same reason Iraq and Libya were also bombed into rubble.
Keep your bit coins, they will be worth more than the dollar. It will also help fight against the dollar dictatorship/mafia.
Fixed that for you.
Thanks.
lol
Bitcoins are fiat too, but instead of being backed by the government's declaration of legal tender, it's backed by the pipe dreams of libertarian shut-ins
Nothing is safe in this day and age. Not even gold!
Fiat means by government decree so bitcoins are not fiat.