"tens of thousands of people"
You are off by 3 orders of magnitude. Bitcoin alone validates 7 million transactions monthly. If there were only 50k users, an average user would be sending 140 transactions per month.
You are off by 3 orders of magnitude. Bitcoin alone validates 7 million transactions monthly. If there were only 50k users, an average user would be sending 140 transactions per month.
You are not making a great case here.
Patently false. For example an "average" processor like Western Union processes only 25 million transactions monthly.
"with the option of reversal"
Which is the whole problem. Bitcoin is irreversible, by design. That's crucial.