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0 pointskozak9y ago0 comments

Where "it" is Bitcoin and not USD.

0 comments

But bitcoin needs to be transformed back into a currency at some point to use it. There is no point in a wire transfer if the person at the other end isn't going to use it.

Yes, some retailers accept bitcoin, most don't.

isfield9y ago

I always felt the dream with BTC was to trade without the need to convert back. That BTC be a competing but decentralized currency - in its own right.

mywittyname9y ago

Even those that do price in their local currency.

hx879y ago

Looks like Bitcoin still hasn't achieved unit-of-account status yet, even among those who use it as a medium of exchange.

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