I'd love to see a market crash on lands particularly, I might be tempted to pick up the pieces for Death & Taxes, if so. As of now, I see nothing to drive said market crash, though, since there's nothing to make playing any of those cards bad.
Rishadan Port is ridiculous compared to recent years, but Karakas is *technically* more accessible due to the Judge foil.
And how do you get the actual dollars back into your bank account? The person/business buying the bitcoins from you has to use a service to transfer the money to you and they will charge a service fee for that. Then there is the scale of the trade. A business will not conduct thousands of small trades just so it can exchange its daily/weekly/monthly take of bitcoins into dollars. They will use a broker who is able to handle trades on such a scale. Such broker will charge a fee.
In theory, there is no need to convert BTC into "actual dollars". BTC is its own store of value, and the business can spend it directly on expenses.
Case study: BlackLotusGo Games
1) Accept bitcoin for sales of Magic cards
2) Use these BTC to pay for more cards through the buylist
3) Pay employees with BTC
4) Employees can buy food, rent, and luxuries with their BTC
BitCoins are opensource, so there is the method of just creating another cryptocurrency with another name, if this caught on there there would be unregulated inflation and they would become worthless.
Many "alt coins" have already been created, the most popular being litecoin. Most of them are considered worthless. In theory, another cryptocurrency could come along that is technically superior to bitcoin, but the most important factor is adoption.
We already have a currency that has no value, Fiat currency, but these retain value via the trade deficit, and are usable because they are made to encourage spending via inflation over deflation. If you haven't read about deflationary and unstable currencies they usually are hoarded and treated as investments more than usable currency. It matters little that the currency is divisible into smaller units it does not prevent the deflation. Its the same as saying that if a Kg of gold is 100$ we'll use 10 grams for 1$, but then gold goes up to 1000$ per Kg so we use .1grams for 1$. Now if you are sane why would you spend the gold when it is 100$ per kg when you can wait till it's 1000$ per kg and you have more value for nothing, but if you spend it today your losing more than just 1$ your losing 10$ in future value, so knowing this you'll never spend your gold as $$ because it has more value just sitting there, this is what deflation looks like. Now since Bitcoins are intangible and deflationary they are likely to not be used as a effective currency nor are they likely to retain value because they are intangible and thus have no intrinsic value. Since their only value lies in being a currency and being deflationary means that it is a useless currency they have no value. One thing to remember about currency is that it is a medium of exchange and a representation of value but intrinsically has no value, so a currency that gains in value makes it more difficult to use as a medium of exchange because it becomes a commodity, and a commodity with no value is worthless, as is a currency that does not change hands. Remember that money is an invention used to give us a better way to exchanging goods than bartering, which we already have, and is worth less than bit coins, so why spend bit coins on things when one can spend $$ and not have to give up the increasing "value" of the deflationary coins.
The concerns regarding deflationary spending are valid, though there are arguably other benefits to a deflationary currency.
Leaving the long-term theoretical analysis alone, on a practical day-to-day basis there are many people who are looking to spend BTC because they have gained purchasing power as a result of holding bitcoin and wish to "realize" these gains via spending on goods or services.
Also, the double black cost on Blight is a bit restrictive, and pushes it closer to effectively costing 3 mana anyway. Yes, we are designed to cast double black spells already, but it's much easier to force through an Abrupt Decay or Terminate on Turn 2 usually.
I agree that BB is somewhat bad in this deck. Although black is usually the first and most desirable color to get doubles, the manabase is already one of the most painful aspects of the deck and it is important to reduce the strain on your sequencing.
That being said, I could see this popping up in sideboards from time to time.
Furthermore, Bitcoins are already valued in the hundreds of dollars. With such a high value and an arbitrarily limited supply, Bitcoin can never be used by a wide audience as a medium of exchange.
This is flawed reasoning. 1 bitcoin is an arbitrary unit of measure, as each "coin" can be divided into 100 million pieces (8 decimal places). This allows for a total of 2100 trillion units of measure.
Even now, people are starting to adopt 1 mBTC (milli-bitcoin) as the base unit of measure, since it is ~$1.
It's amusing to see a lot of negative sentiments towards bitcoin in this thread. I've been using them for over a year, and I'm interested in them enough to the point that I'm accepting them for my MTG store!
Rishadan Port is ridiculous compared to recent years, but Karakas is *technically* more accessible due to the Judge foil.
In theory, there is no need to convert BTC into "actual dollars". BTC is its own store of value, and the business can spend it directly on expenses.
Case study: BlackLotusGo Games
1) Accept bitcoin for sales of Magic cards
2) Use these BTC to pay for more cards through the buylist
3) Pay employees with BTC
4) Employees can buy food, rent, and luxuries with their BTC
That's really all there is to it.
Many "alt coins" have already been created, the most popular being litecoin. Most of them are considered worthless. In theory, another cryptocurrency could come along that is technically superior to bitcoin, but the most important factor is adoption.
The concerns regarding deflationary spending are valid, though there are arguably other benefits to a deflationary currency.
Leaving the long-term theoretical analysis alone, on a practical day-to-day basis there are many people who are looking to spend BTC because they have gained purchasing power as a result of holding bitcoin and wish to "realize" these gains via spending on goods or services.
I agree that BB is somewhat bad in this deck. Although black is usually the first and most desirable color to get doubles, the manabase is already one of the most painful aspects of the deck and it is important to reduce the strain on your sequencing.
That being said, I could see this popping up in sideboards from time to time.
This is flawed reasoning. 1 bitcoin is an arbitrary unit of measure, as each "coin" can be divided into 100 million pieces (8 decimal places). This allows for a total of 2100 trillion units of measure.
Even now, people are starting to adopt 1 mBTC (milli-bitcoin) as the base unit of measure, since it is ~$1.
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