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by cm2187 3116 days ago
What I don’t get is that you can’t buy a car with bitcoin. So surely this should also create a selling pressure, unless they just buy bitcoins with the intent to transfer money at a later stage.
1 comments
TaylorGood 3115 days ago
Yes you can: https://i.redd.it/d5wrulv2ndjz.png
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vecinu 3113 days ago
Yet you do realize that Bitpay just converts BTC to USD, correct?

It's the equivalent of you selling your BTC holdings at market rate and buying the car with USD.

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