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To: Errant

Incidentally, for those of you who think that EBay or PayPal are going to use bitcoin out of the goodness of their heart (or because they think it’s a preferred currency), consider the possibility that the real reason they would adopt its use is because they’ve found a way to make money off of people’s use of bitcoins. And they will make that money in dollars, probably by finding a mechanism by which they are always pricing bitcoins on a spread, the same as any foreign exchange transaction.


48 posted on 01/24/2014 12:31:02 PM PST by Norseman (Defund the Left-Completely!)
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To: Norseman
Incidentally, for those of you who think that EBay or PayPal are going to use bitcoin out of the goodness of their heart

Practically ALL businesses are in business for the monetary incentive - don't you think?

I'm sorry if I bruised your ego up chain, or if you're just having a bad day. I'm merely pointing out where you might want to rethink some your thinking. For example, your latest post above that gold is volatile and that the dollar is stable, is laughable considering FRNs have lost almost 98% their value since their introduction while gold has maintained its value relative to just about anything you care to compare it against (e.g., suits, automobiles, food, energy, etc.).

Have a great weekend...

Btw, Never is an awfully long time. Just sayin'....

52 posted on 01/24/2014 8:21:25 PM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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