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Re:Bitcoin backlash as ‘miners’ stress power grids in Centra... by acdha on Sunday May 27, 2018 @02:22PM (#17168271)
> That's weird, I've been using it to buy stuff off amazon and aliexpress.

How? Neither company seems to accept Bitcoin directly.

Re:Bitcoin backlash as ‘miners’ stress power grids in Centra... by bdcravens on Sunday May 27, 2018 @02:48PM (#17168422)
Purse.io lets you buy from Amazon
Re:Bitcoin backlash as ‘miners’ stress power grids in Centra... by acdha on Sunday May 27, 2018 @02:50PM (#17168438)
Is Amazon accepting the Bitcoin or is that just a way to convert it into real money first? If the seller doesn't know, it doesn't count as Bitcoin usage — just another Visa transaction.
Re:Bitcoin backlash as ‘miners’ stress power grids in Centra... by Sir_Substance on Sunday May 27, 2018 @02:54PM (#17168469)
>If the seller doesn't know, it doesn't count as Bitcoin usage — just another Visa transaction.

You've got some strong arms on you my friend, moving those goal posts so far so fast.

I pay with bitcoin. Stuff arrives in the mail. I am using bitcoin.

Re:Bitcoin backlash as ‘miners’ stress power grids in Centra... by acdha on Sunday May 27, 2018 @03:06PM (#17168534)
That’s as accurate as saying that Amazon accepts payments in stock if I sell some before making a purchase. The fact that you paid a different company to convert your Bitcoin into some real currency is a separate transaction. It doesn’t mean that Amazon has any exposure or investment in the Bitcoin world - just that they take credit cards like everyone else.
Re:Bitcoin backlash as ‘miners’ stress power grids in Centra... by stordoff on Sunday May 27, 2018 @05:01PM (#17169082)
If I sell some gold, then use the proceeds to buy from Amazon, I haven't bought anything with gold from Amazon. Yes, you are using Bitcoin, but not to buy from Amazon--it's just another layer on top, it's just another (largely unnecessary) transaction in addition to the existing transaction.
Re:Bitcoin backlash as ‘miners’ stress power grids in Centra... by Sir_Substance on Sunday May 27, 2018 @05:56PM (#17169307)
A reminder to yourself and acdha, the original assertion was:

>Cryptocurrencies have been around for 9+ years, and there has been literally 0 use for it apart from conning rubes on the internet.

So...

>Yes, you are using Bitcoin

Yes, I am. I don't understand why you two are so angrily and bitterly agreeing with me.

Re:Bitcoin backlash as ‘miners’ stress power grids in Centra... by Sir_Substance on Sunday May 27, 2018 @02:55PM (#17168471)
I use olodolo, but same difference.