If you're in the US and hyperinflation starts tomorrow who is going to be buying your hyperinflating USD for bitcoin?
>Nobody has Euros, nobody takes them, nobody takes Canadian dollars on the boarder
That is because they don't have to USD is fairly stable if it starts to go into hyperinflation that will change quickly. Also as a Canadian that travels to the US a lot. There are large swaths of the US where CAD is accepted.
>Overstock is apparently making like 2% of revenue from bitcoin sales.
At last disclosure Overstock had done $2.6m in bitcoin revenue in 9 months. They are far from 2% of revenue. Their CEO keeps throwing out random numbers about what they plan to do by the end of the year that don't make sense(He still claims $10-20m by year end regularly) to cover the fact that their bitcoin revenue has been dropping from day one.
>Nobody has Euros, nobody takes them, nobody takes Canadian dollars on the boarder
That is because they don't have to USD is fairly stable if it starts to go into hyperinflation that will change quickly. Also as a Canadian that travels to the US a lot. There are large swaths of the US where CAD is accepted.
>Overstock is apparently making like 2% of revenue from bitcoin sales.
At last disclosure Overstock had done $2.6m in bitcoin revenue in 9 months. They are far from 2% of revenue. Their CEO keeps throwing out random numbers about what they plan to do by the end of the year that don't make sense(He still claims $10-20m by year end regularly) to cover the fact that their bitcoin revenue has been dropping from day one.