News for hackers. Stuff that matters.

A comment on The Bitcoin Bubble and the Future of Currency. Parent comment

Re:The Bitcoin Bubble and the Future of Currency by betterunix on Wednesday April 03, 2013 @01:55PM (#5487742)
Right, and that is the point: even if you accept Bitcoin payments, you still need to eventually get USD. Ultimately, this is why I believe that Bitcoin cannot survive with the Bitcoin exchanges.
[ Parent | on HN ]
Re:The Bitcoin Bubble and the Future of Currency by BrokenPipe on Wednesday April 03, 2013 @02:34PM (#5488063)
Right, and that is the point: even if you accept Gold payments, you still need to eventually get Euro. Ultimately, this is why I believe that Gold cannot survive with the Gold exchanges.
[ Parent | on HN ]
Re:The Bitcoin Bubble and the Future of Currency by betterunix on Wednesday April 03, 2013 @02:50PM (#5488193)
How many markets are using gold as currency?
[ Parent | on HN ]
Re:The Bitcoin Bubble and the Future of Currency by DennisP on Wednesday April 03, 2013 @04:28PM (#5488824)
You don't have to get dollars for the whole amount, you just have to report the dollar value of your earnings to the IRS, and pay your taxes in dollars.
[ Parent | on HN ]