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ixnar  ·  3393 days ago  ·  link  ·    ·  parent  ·  post: Microsoft accepts Bitcoin payments

I don't really consider a price increase to be a good thing. It merely makes it easier for bag holders to pass theirs off to yet greater fools, and makes it clear that bitcoin's use is speculation rather than as facilitating transactions. In other words, the only way to make it kinda work is with a huge markup to buffer the price fluctuations. This sucks for everyone except early adopters