Skip to main content

View Diary: Please don't hate Bitcoin (57 comments)

Comment Preferences

  •  Not really... (1+ / 0-)
    Recommended by:
    UberFubarius

    In the case of dollars or euros - it has the force of law.  If you have a business in the US and somebody owes you for some transaction - you MUST accept dollars.  Period.  You do not have the option if you want to legally do business in the US.  You can accept matchbooks, if you want.  But if the matchbook market collapses, then you incur all the risk.  

    “Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.” - John Steinbeck (Disputed)

    by RichM on Tue Mar 04, 2014 at 08:57:03 AM PST

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site