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RE: BITCOIN ACCEPTED in the streets of Rio de Janeiro - The long way to go mainstream!
I always wonder though - why would anyone want to pay with Bitcoin, knowing the uptrend potential?
Buying a basket of fruit for 5 USD in Bitcoin may not be a lot, but even then as someone interested in crypto you likely assume that even these 5 USD may eventually be worth 10x as much in the upcoming years.
On the other hand, for bitcoin to ever reach huge valuations it has to be used as a currency and people need to spend their money with it on a daily basis - sort of a vicious circle!
exactly. right now it's really volatile. but they say that in the future price may stabilize...
until then I don't think it's be a bad idea to accumulate some.
but for sure it's still better to pay with fiat (less taxes).
anyway it's a really interesting social/economic experiment
Lucas
Malabarize-se