[Chugalug] More on Bitcoin:

Randy Yates lpcustom at gmail.com
Thu Aug 22 18:12:53 UTC 2013


So now the fault of bitcoin is that it has an exchange rate with dollars,
euros, pounds, and francs? Don't those currencies also have exchange rates
with each other? What's your point in that statement, Stephen?


On Thu, Aug 22, 2013 at 2:10 PM, Lynn Dixon <boodaddy at gmail.com> wrote:

> Stephen,
> I have no clue why you still insist everyone uses the dollar. Surely a
> grocer in Spain doesnt accept dollars.  Maybe the ones you deal with trade
> in dollars. When working on a global level, its a pain in the ass to have
> to deal with trading your dollars to euros, or yen, or anything else.  With
> bitcoin, I don't have to worry with exchange rates changing due to the
> whims of the local governments.
> There are also alot of coffee shops, and retailers in the US that are
> beginning to accept Bitcoin, and they do it by scanning a barcode, or using
> NFC.
>
>
> On Thu, Aug 22, 2013 at 2:05 PM, Stephen Kraus <ub3ratl4sf00 at gmail.com>wrote:
>
>> Websites.
>>
>> Tell me the difference, between a website, grocer, gas station, and a car
>> dealership.
>>
>> (Hint: all of them trade in the dollar, only ONE accepts bitcoins)
>> On Aug 22, 2013 2:00 PM, "John Aldrich" <jmaldrich at yahoo.com> wrote:
>>
>>> Quoting Stephen Kraus <ub3ratl4sf00 at gmail.com>:
>>>
>>>  POGs crashed entirely. The dollar crashes but pretty much always bounces
>>>> back as the global economy follows the market cycle.
>>>>
>>>> Thats the problme with your criticism of Chad's argument.
>>>>
>>>> Also, no matter how devalued the dollar is right now, I can buy my lunch
>>>> with it. If I offered pogs or even bitcoin alll I'd get is funny looks
>>>> or a
>>>> heartfelt apology and rejection
>>>>
>>>>  Stephen, I've seen several websites that say that you can pay with
>>> Bitcoins, so I think your argument is a bit weak.
>>>
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