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skypiliot

10,259 Posts.

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18/01/18

09:26

Post #: 30390924
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Originally posted by TheFriar ↑

" There was a local guy selling trinkets in the shopping centre with a 'we take bitcoin' sign up. Would bypass those nasty EFTPOS fees for one thing."

I am under the impression, correct me if I'm wrong, that a Bitcoin transaction costs around $26 in transaction fees.

"But so what if people DO convert back into FIAT to buy things, if they have made a profit then good for them."

Here are some "SO WHAT" sites for you to ponder. Enabling is akin to participating.
You'll note, I hope, that they are all credible reporting sites.

https://www.theguardian.com/technology/2015/apr/14/paedophiles-sell-child-abuse-images-for-bitcoin
https://www.cfr.org/blog/bitcoin-bombs
https://www.insurancejournal.com/news/national/2017/12/21/475083.htm
https://www.coindesk.com/vatican-address-highlight-bitcoin-use-human-slave-trade/
https://www.wired.com/2017/01/monero-drug-dealers-cryptocurrency-choice-fire/
http://www.abc.net.au/news/2017-12-...h-to-sell-bitcoin-seized-in-drug-bust/9264098
https://blog.malwarebytes.com/101/2017/11/cryptocurrency-works-cybercriminals-love/
http://www.dailymail.co.uk/indiahom...ug-trafficking-illegal-arms-prostitution.html

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If hes using lightning for his bitcoin transactions its free transaction and instant.
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