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Shops using bitcoin

  • Thread starter Thread starter Ehizzy1
  • Start date Start date
Mika said:
There are no shops that accept bitcoin in my town. however, even if there were shops that accepted bitcoins I would no longer use bitcoin to buy goods and services.
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Same . I won't want to lose bitcoin as gas fee each time I buy something. This is why I am sticking to USDT or Fiat currency for buying something .
 
I don't think bitcoin fluctuating in price can effect the price of things because it's only used as a mean of payment and nothing more than that.
 
I don't think that price of products will be affected by the rise and fall of crypto currency. Because goods bought with crypto currency are not value with the crypto currency but values with a country currency
 
On normal circumstances they shouldn't be any effect in the price of product when the price of bitcoins is rising or decreasing , No matter the depreciation in the price of cryptocurrency or appreciation you only have to pay for a particular products the actual value in BTC, I don't see the reason why it should have effects on products here.
 
This is one of the major factors that's militating against the adoption of Bitcoin as means of exchange among businesses. It's very volatile and losses can be easily incurred compared to when Fiat currency is being used.
 
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