[ExI] Bitcoin

[Gordon]

The Avantguardian <avantguardian2020 at yahoo.com> wrote:


Incidently for merchants... one can simply use Paysius to convert bitcoin into local fiat for payment.
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>http://paysius.com/
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>
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Sorry, I hit send too soon the first time. Thanks for the link. I wonder if these services like Paysius are funded well enough to handle transactions to accommodate large, conservative businesses that do not want to absorb the currency risks inherent in BTC. I suspect not. For example if a company like Amazon.com were to start accepting BTC, only a small fraction of  its revenue would I think overwhelm the BTC system and market. These problems are not insurmountable, but they might be a source of growing pains.

Gordon
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