Re:MasterCard to open up network to cryptocurrencies
by PragmaticPulp on Thursday February 11, 2021 @07:28PM
(#26109439)
Regardless, "spending" Bitcoin in an economy where Bitcoin isn't the dominant currency will, on average, result in downward price pressure.
Unless you restrict the transactions to only be among Bitcoin users, which isn't going to happen because the providers make their money from exchange fees.
It's strange that so many commenters are going through mental gymnastics to pretend that the only rational thing to do with Bitcoin is to buy or trade it, but never sell it.
Unless you restrict the transactions to only be among Bitcoin users, which isn't going to happen because the providers make their money from exchange fees.
It's strange that so many commenters are going through mental gymnastics to pretend that the only rational thing to do with Bitcoin is to buy or trade it, but never sell it.