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RE: How To Destroy Bitcoin According to MIT Tech Review
right now bitcoin is not used for payments as of the moment. All of the volume comes from trading. For these things to be adopted, they need to be used as payments and merchants accepting these payments.
where did you get this information? I'm curious.
Which merchant have you seen accepting payments in bitcoin. And even if some do, which of them keep it in bitcoin. All of them convert it in fiat right away. Bitcoin will be a currency when you prices of everything in bitcoin
ok, but again, where did you get this information? I'm neither trying to correct you, nor am I in a position of knowing if you are incorrect. I just want to know where you got the information from to make your assertions.
Its my observation. I can't use a cryptocurrency in real world without converting it into fiat first.