[nmarley]

Many businesses accept Bitcoins as payment for physical things. The last Bitcoin meetup that I went to was at a bar/grill that accepts BTC as payment. Most of the attendees paid for their drinks with Bitcoin. You don't need to convert to cash in order to buy things with Bitcoin.

[krapp]

"Many businesses" is a very relative term. A more accurate term would be "almost no businesses."

[coldtea]

"Many" as in? 0.0x%?

That bar/grill is a novelty -- and it probably only accepted BTC in the first place because there was a BTC EVENT held at it.

[acchow]

How long did the transaction take?