Show me an average person who has bought something real w bitcoin (who couldn’t have bought it for less complexity/transaction cost using a bank) and I’ll change my mind
Show me an average person who has bought something real w bitcoin (who couldn’t have bought it for less complexity/transaction cost using a bank) and I’ll change my mind
I couldn’t fathom what use Bitcoin could possibly have, but completely overlooked the bad actors that would benefit.
That all seemed to go out the window when companies developed wallets to simplify the process for the average user, and when the prices surged, some started requiring account verification to tie it to a real identity. At that point, it’s just a bank with a currency that isn’t broadly accepted. The idea of digital cash was effectively dead, at least for the masses who aren’t going to take the time to figure out how to use Bitcoin without a 3rd party involved. Cash is simple.