But you can't order Pizza (or drugs) with Bitcoin anymore. And I don't see much of use case of a currency that can't do that. Without adoption a fiat currency like bitcoin is not worth anything.
Even gold can do that better.
Even gold can do that better.
For someone making minimum wage in the US, that $5 is on the order of 40 minutes of labor just to make a single payment. That's simply not viable.
So... fitting squarely into the stereotype sketched above, I don't mind that much paying a few dollars for ordering a couple of pizzas. My problem (as mentioned in a cousin comment) is the annoying unpredictability of the fees.
Is it? Where do I have the choice to pay with Bitcoin Cash?
> People don't want to spend extra money.
So they shouldn't use Bitcoin Cash, which at current exchange rates buys them fewer pizzas per unit than Bitcoin does.
As a techie I might consider using bitcoin even if the confirmation time is high.
Under what circumstances would you allow me to spend Bitcoin rather than dollars?
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.