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talk:speculating_about_bitcoin [2018/07/29 01:22] (current)
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 +Interesting perspective,​ but when saying that they have no intrinsic value if they become regulated you miss the point that the transaction costs would still be lower than they are for credit cards and even paypal. This provides an incentive for more merchants to come on board, which is still happening at a good rate, and eventually will be passed on to consumers - which has already started with Overstock offering rewards to people paying in Bitcoins. Money off your shopping could well be a very strong incentive that will get lots more people buying into Bitcoins. Also the number of places you can earn Bitcoins rather than buying them is increasing, which reduces the barriers for new entrants.

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