From my perch with the other buzzards and crows, we don't see anything of substance; just the desires of the alternative counter-culture reveling in being "outside the grid" along with the usual speculators. It seems to have some sort of market-making type support but there is no intrinsic value and when the music stops what happens? Confidence is its only friend. And from what I understand it can easily be stolen if you don't know what you are doing.
There are some vendors in the US who claim to accept bitcoins but if you follow the trail they are merely providing a link on their website to an exchange site so in reality they are making it convenient to convert it to hard currency which is then forwarded to them to complete the transaction. I believe that is the story with Dell. They do not take a risk by holding the bitcoins themselves for normal transactions.
At least that was the story last time I checked up on it.
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Last edited: Dec 28, 2016