Hacker News new | ask | show | jobs
by jerguismi 4588 days ago
I don't see pricing as significant goal with Bitcoin. Other currencies can be used for pricing. I use bitcoin myself, and never by from stores which price the goods in Bitcoin, because they are most certainly rip-off prices. The good way is to price in fiat, then use something like bitpay exchange rate at checkout.
1 comments

I don't see pricing as significant goal with Bitcoin.

If that's the case, it's not a currency. I do think this is something Bitcoin needs to address if it is to be taken seriously as a medium of exchange.

There are a lot of countries in the world that have their own currencies but price goods and services in EUR or USD. I know in Romania things are priced in EUR from cell phone top-ups to real estate.
That's a sign of a failing currency that no-one wants to use though, it's a bad signal when people really want to transact in something else but are forced to use a currency.