Quote:
Originally Posted by Fager Fan
He doesn't even realize the issue with such an increase. Unless it's very stable, it won't be a currency.
As straight currency, would the used car dealer take a $14,700 valued bitcoin over $14,700 in cash? No. It's too volatile. That's in addition to now having to find an auction house to accept bitcoins to buy his next car at auction and utility companies doing the same to pay his bills.
It's playing musical chairs. I'm happy with the fact I won't be left without a chair when the music stops.
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Seems Lamborghini dealer disagrees..... https://www.cnbc.com/2018/02/07/bitc...ocurrency.html
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