3 years ago
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Etsy not thinking of accepting bitcoin right now: CEO
Etsy Inc Chief Executive Officer Josh Silverman said on Friday the e-commerce retailer is not thinking about accepting bitcoin as a form of payment right now, saying more people need to buy and own it before it can be used as tender.
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I agree with this CEO about more people should be using it as a tender. That was the actual set-up of Bitcoin in the first place, not as some investment or get-rich-quick-scheme. It is logical that it's an interesting investment, but in the end, when all Bitcoins are made, it has no other use than being a tender. Let's hope people do not wait that long, because I'll be about 170 years old/young by then.