As of Monday we will be accepting Dogecoin.... > On Jan 9, 2021, at 5:54 PM, Daniel Pautz <d...@webnx.com> wrote: > > :) 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
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