Scottish CeX Rejects Pounds (Real Money), Sells Games for Bitcoins Instead

[ionuttzu]

I won't be surprised if they will end up closing up

[draugur]

[QUOTE=supersnail11;44801240]So why is it bad that CeX accepts Bitcoin? Sure, to you it might not make economic sense, but I don't know why it's bad.[/QUOTE]

Because it makes no economic sense and is nothing more than some "look at how hip and futuristic we are" gimmick. It's dumb.

[Janus Vesta]

[QUOTE=supersnail11;44801240]So why is it bad that CeX accepts Bitcoin? Sure, to you it might not make economic sense, but I don't know why it's bad.[/QUOTE]

Its a dumb move economically. It's not like the bitcoin market is some huge, widespread thing, sure it has a lot of people buying and selling coins but they're spread out across the world. I'd imagine most people who use a pre-owned electronics store aren't on the bitcoin hype train.

Every time I've been in a CeX it mostly had middle aged women and their tween children looking for cheap gadgets.

[supersnail11]

[QUOTE=draugur;44801289]Because it makes no economic sense and is nothing more than some "look at how hip and futuristic we are" gimmick. It's dumb.[/QUOTE]

The amount of people who are going to buy from them solely because they use Bitcoin is enough to justify doing this for only three days. Sure, I wouldn't have made the decision to [i]only[/i] accept Bitcoin, but there are plenty of people who will buy things with Bitcoin only because they can buy them with Bitcoin.