Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> So that Pizza costs you 5$ more with bitcoin.

In a certain sense, yes, sure. What I'm saying is that, due to appreciation of my Bitcoins, those $5, as well as the actual price of the pizza, were essentially a gift to me from the Bitcoin community.

I don't mind spending free food tokens that were gifted to me. Even if spending the free food tokens costs me fees (expressed in free food tokens), and I might possibly trade those free food tokens for a slightly higher amount in dollars (but incurring other fees). Especially since, if everyone stopped using their free food tokens, everyone's free food tokens would stop being usable.



I would certainly maximize my pizza buying power by minimizing the transaction fee costs. I.e. convert a larger fraction to USD and incur the overhead only once. If you convert the value of 4 pizzas, you get a 5th for "free". But maybe I just like pizza more ;)




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: