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Rogerborg
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| Jewlio Rides Again LLB |
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Jewlio Rides Again LLB
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Jewlio Rides Again LLB
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 Posted: 22:11 - 24 Jan 2018  Post subject: |
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First payment received this am, just over $11 after fees. 
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Mpd72: I can categorically say i’m Brighter than that, no matter how I come across on here.
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| Rogerborg |
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Rogerborg
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Posted: 22:18 - 24 Jan 2018  Post subject: |
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Dollars? Don't you accept Bitcoin? 
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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| Jewlio Rides Again LLB |
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Jewlio Rides Again LLB
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| Posted: 22:37 - 24 Jan 2018 Post subject: |
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It's paid in BTC. 
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Mpd72: I can categorically say i’m Brighter than that, no matter how I come across on here.
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| Rogerborg |
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Rogerborg
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| Posted: 09:19 - 25 Jan 2018 Post subject: |
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Then why are you listing the dollah value?
Serious question. If even True Believers don't think in terms of BTC as a real currency, and promote it as such, why should us Luddites buy in?
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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| The Artist |
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The Artist
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| Rogerborg |
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Rogerborg
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| Posted: 10:47 - 25 Jan 2018 Post subject: |
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| The Artist wrote: | Because its value is currently unstable. |
The value of BTC expressed in BTC is unstable?
Where's your faith in BTC? Why are you still thinking in terms of fascio-currencies? 
| On 25th January 2018 The Artist wrote: | No one is denying crypto is too volatile right now to use day to day. |
| On 21 March 2013 The Artist wrote: | Currency of the future |
| On 23 March 2013 The Artist wrote: | It is a currency in every sense of the word |
| On 29 May2013 The Artist wrote: | All we need now is adoption by the masses. |
Any day now, True Believers; any day now.
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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| Pjay |
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Pjay
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| Rogerborg |
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Rogerborg
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| Posted: 11:21 - 25 Jan 2018 Post subject: |
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| Pjay wrote: | It's not a new phenomenon. |
To save you doing the hardsums, BTC was apparently on the cusp of being an everyday currency for everbody nearly 5 years ago. Internet years, so about a century in human terms.
Adoption didn't happen then when it was more stable - at least when valued in terms of legacy military-industrial fascist blood-'currencies', so called. When it didn't cost $15 to send $25, and 1,188 minutes to confirm a transaction. 
BTC is less fvcked than the Venezuelan Bolivar, I'll grant you that.
But when does the Great Adoptioning start? When will Tesco start listing prices in BTC? Riddle me that.
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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| Jewlio Rides Again LLB |
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Jewlio Rides Again LLB
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| Posted: 11:31 - 25 Jan 2018 Post subject: |
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| Rogerborg wrote: | | Pjay wrote: | It's not a new phenomenon. |
To save you doing the hardsums, BTC was apparently on the cusp of being an everyday currency for everbody nearly 5 years ago. Internet years, so about a century in human terms.
Adoption didn't happen then when it was more stable - at least when valued in terms of legacy military-industrial fascist blood-'currencies', so called. When it didn't cost $15 to send $25, and 1,188 minutes to confirm a transaction.
BTC is less fvcked than the Venezuelan Bolivar, I'll grant you that.
But when does the Great Adoptioning start? When will Tesco start listing prices in BTC? Riddle me that. |
Scan, CEX, and Feels to name but 3, all accept BTC.
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Pjay
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| Rogerborg |
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Rogerborg
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Pjay
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| Rogerborg |
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Rogerborg
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| Posted: 13:10 - 25 Jan 2018 Post subject: |
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It's funny that you promoted the convoluted money-go-round method that I'd just implicitly scoffed at in my link above. It's almost, but not quite, entirely unlike being able to spend BTC in Tesco.
I can scoff out loud if it helps to make it clearer.
*Scoff, scoff.*
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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| Pjay |
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Pjay
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| Posted: 13:30 - 25 Jan 2018 Post subject: |
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| Rogerborg wrote: | It's funny that you promoted the convoluted money-go-round method that I'd just implicitly scoffed at in my link above. It's almost, but not quite, entirely unlike being able to spend BTC in Tesco.
I can scoff out loud if it helps to make it clearer.
*Scoff, scoff.* |
But your point was 'When will Tesco accept bitcoin?'
They do, just as they accept any worldwide currency, as long as you use a debit card to pay.
Why would Tesco need to accept bitcoin as bitcoin for it to be deemed a currency you can use in Tesco, when it already is a currency you can use there?
Vouchers? Are you seriously comparing them to Crypto?
Quite how you are struggling with the comprehension that I can go and buy anything in Tesco with my Crypto is beyond me.
It's no more a money go round than an American using his Dollar based debit card. Legal tender is not the same thing as a currency.
Are you asking when Bitcoin will be legal tender in the UK? The answer is that if it does, it will be around the same time the US dollar is. The US Dollar is a currency that you can use in tesco via a debit card, the same as BTC is.
You can carry on with your squinted eyes, or you can just accept it's here and get on with your life. Your posts here are doing little more than make you look like a dinosaur.
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Rogerborg
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| Posted: 13:39 - 25 Jan 2018 Post subject: |
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Are you on about https://cryptopay.me/bitcoin-debit-card ?
A card that - correct me if I'm wrong - holds balances and lists its many, many, many fees in EUR, USD or GBP, rather than BTC?
Stop, my sides, I can only laugh so hard.
| Pjay wrote: | Are you asking when Bitcoin will be legal tender in the UK? |
Are you saying that I'm a lobster?
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Pjay
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| Posted: 13:44 - 25 Jan 2018 Post subject: |
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https://www.tenx.tech/fees.html
There are a few cards, some charge, some dont.
I still dont see your point. I have answered your question about Tesco accepting BTC, they do, I can go there and spend my BTC with 0% commission.
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| Rogerborg |
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Rogerborg
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| Posted: 14:14 - 25 Jan 2018 Post subject: |
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| Pjay wrote: | https://www.tenx.tech/fees.html |
I can't make it out in that Dreamweaver salad: how would I actually get one of those, uh.... I guess you're implying that they have some sort of card. It's really hard to be sure.
Which one do you use?
| Pjay wrote: | I still dont see your point. I have answered your question about Tesco accepting BTC, they do, I can go there and spend my BTC with 0% commission. |
Surprise me: go and do it and film the results.
Or by "can" do you mean "could, in untested principle".
And I still don't see your point. Tesco "accept" BTC in exactly the same sense that they "accept" Mongolian Dingbats, i.e. they don't. They accept GBP.
Where would I find their BTC prices?
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Pjay
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Rogerborg
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| asta1 |
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asta1
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Posted: 15:15 - 25 Jan 2018  Post subject: |
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| Rogerborg wrote: |
BTC is less fvcked than the Venezuelan Bolivar, I'll grant you that.
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Actually, as a point of order, it isn't. At no point over the last 5 years has the Bolivar ever been more volatile than BTC at the same point in time. The Bolivar has lost about 60% of its value over the 5 year time period, but BTC has pretty much matched that since Christmas this year.
https://www.xe.com/currencycharts/?from=VEF&to=USD&view=10Y
Anyway, on to the debit cards. Yes, you can spend BTC through them in normal stores. However, the american spending dollars in the UK is an appropriate comparison. What the card actually is doing is, external to the end vendor, selling some of your BTC for pounds, crediting those pounds to a visa type account and then paying for your groceries in pounds. That is not equivalent to spending in BTC any more than selling carrots for money and using the money gained to buy stuff at Tesco makes carrots a viable and accepted currency. The card just cuts out the hassle of selling the coins for pounds and buying with those pounds yourself.
Tesco cannot and will not ever list prices in BTC until it's at a manageable level of volatility. Imagine trying to establish long term contracts for purchases with suppliers in pounds for an item that could feasibly, if sold in BTC, be worth half as much by the time it reaches the shelf. You can't do it. For the company I worked for, even the volatility in the pound over the last year has been a serious issue in terms of profitability for some SKUs, and thats only 15%ish in a year.
But really, this is semantics. The card does allow one, in practical terms, to pay for things in crypto coins. That's pretty cool.
However, it's not without issue. Fees are remarkably high compared to 'traditional' cards in all cases, although they are falling, and there are already issues with stability of supply: https://www.coindesk.com/visa-cracks-bitcoin-debit-cards-europe-providers-say/
All in all, the question is: 'Is it worth the bother for the average consumer?' and so far, the market says no...
https://www.thetimes.co.uk/article/blow-for-bitcoin-as-visa-freezes-users-debit-cards-jl0f37shk
Pertinent fact: one of the biggest suppliers of the cards across Europe, a market of 743.1million people, stops trading, only "nearly half a million people affected..."
So that'll be 0.067% adoption then. Or maybe, in the interest of fairness as there's a few other suppliers, say 0.5%? Hardly mainstream.
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A2 Licence Passed: 12/02/16
Current Bike: Yamaha MT-07 bought 02/07/16 |
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