:) Wow that topic could get as bad as the political thread a few days ago.
For a business overall? To gain new clients / clients that love BTC / hate the current money system / etc. But for this business its not a big deal. For Consumers? There are tons of reason, some people LOVE the gamble, but the old school people that have been doing this a long time would say "because the current monetary system sucks and is controlled by the man" "because look at the state of things, there is going to be soooo much inflation so why keep money in the dollar when its going to be worth crap" but many people that were trying to push this as a win win to users and business's is the tiny fees. Imagine the cost of 10k in credit card processing fees? Send someone a million dollars almost instantly, etc. Then you could get into the block chain side of it, secure contracts and other stuff. But then again you could also start the conversation of the feds sooner or later regulating the crap out of it as its no longer a joke, when billions are being dumped into something the feds are going to take notice. -----Original Message----- From: AF <af-boun...@af.afmug.com> On Behalf Of Matt Hoppes Sent: Saturday, January 09, 2021 3:34 PM To: AnimalFarm Microwave Users Group <af@af.afmug.com> Subject: Re: [AFMUG] I don’t understand bitcoin So then what’s the point? > On Jan 9, 2021, at 5:27 PM, Daniel Pautz <d...@webnx.com> wrote: > > As a vendor / merchant you would just need to setup one of the systems that > instantly cashes it out. Don't treat it like a gamble (unless you are into > that / want to do that). > > Dan > > -----Original Message----- > From: AF <af-boun...@af.afmug.com> On Behalf Of Matt Hoppes > Sent: Saturday, January 09, 2021 3:15 PM > To: af@af.afmug.com > Subject: [AFMUG] I don’t understand bitcoin > > I had an ex employee who was all about bitcoin. I’ve read about it but still > don’t understand. > > I’ve got money in BTC and LTC because I’ll do anything that makes me money - > but I don’t understand how bitcoin works. > > Why would I accept a payment from you or $200USD worth of bitcoins when > tomorrow that payment might be worth $100 if the value drops? > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com
