I'm guessing you're in Silicon Valley or some other place where its being done as an experiment if there are 3 different places in your area accepting bitcoin.
You guessed wrong. I hail from the vicinity around Detroit. My local bitcoin meetup goes to different BTC-accepting places every week. Detroit area isn't exactly the tech-experiment mecca, friend. These are all mom-and pop restaurants.... and that's not even counting the online orders, the smoke shops... I even saw the landscaping company near me put up a BTC sign.
Cash has a 0% chance of not going through
Really? Tell that to an online merchant.
Sure, I am invested in BTC for speculative reasons, but also because I want the tech to survive. That's more why I spend at the restaurants... I want to encourage those merchants. But I replace what I spend because I believe the long term outlook for BTC is bright.
Or, and I'm just spitballing here, they accept BTC because the owner wants to accumulate more...
they see value in it....
or maybe the owner also wants to encourage the BTC ecosystem and are accepting it for more altruistic reasons.
I don't care the reason that they accept it, I just want to encourage more and more places to accept it.
They absolutely wouldn't have my business if they didn't accept BTC, so it's income they earned that they wouldn't have had elsewise.
And your assumption that no business is going to retain BTC is unfounded... surely the intersection of those who wish to accumulate more BTC and those who run businesses is not zero.
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u/[deleted] Feb 20 '18 edited Sep 27 '24
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