As to my last point there, there is no way most merchants will begin accepting Bitcoins, at least any time in the near future. Bitcoins are so volatile their value never stabilizes at any price point, and they crash regularly. In order for a merchant to accept a Bitcoin, they would have to adjust prices virtually every 20 minutes and sell coins as soon as they get them. This is way too much effort, some of which cannot be necessarily accurately automated and audited by analysts of a larger company. Why waste effort when stable currencies already exist?
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