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dlp211
on Sept 29, 2016
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Itβs easier and cheaper to use bank wires than Bit...
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.
isfield
on Sept 29, 2016
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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.
mywittyname
on Sept 29, 2016
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Even those that do price in their local currency.
hx87
on Sept 29, 2016
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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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Yes, some retailers accept bitcoin, most don't.