Re:Please remove mitsuhiko/*
by Blahah on Saturday November 01, 2014 @12:23PM
(#8543584)
Who cares? It's no different to accepting Euros but getting dollars in your bank account. The point is that they allow users to spend bitcoins (or Euros).
[ Parent
| on HN ]
OK, but nobody is arguing that Amazon.com's acceptance of the Argentine peso is a good sign for the future of the currency.
Widespread use of the Argentine peso isn't critical for its success (a strong economy and good monetary policy is). Widespread use is, however, critical for Bitcoin's success, since it relies on a network effect of merchants and consumers.