Re:Bitcoin market cap now +$200M as prices keep rising
by TylerE on Thursday January 24, 2013 @03:28PM
(#5111988)
One drop-shipper of questionable reliability does not an economy make.
Re:Bitcoin market cap now +$200M as prices keep rising
by querulous on Thursday January 24, 2013 @04:12PM
(#5112245)
Also, this is a chicken and egg problem. Merchant won't accept bitcoin because consumers don't use it, but consumers won't demand bitcoin because merchants aren't accepting it. Obviously something have to happens to break the mold. If you want to make a "novelty" currency useful, you have to start using it, but no "novelty" currency is guaranteeing to succeed. However, with bitcoin, the situation is changing. More merchants are accepting bitcoin everyday.