I'm not a fan of Bitcoin personally (too much speculation for me to be comfortable using it as a medium of exchange, much less a store of value) but I think people underestimate how badly we're getting screwed by the current payment oligopoly.
I'm not a fan of Bitcoin personally (too much speculation for me to be comfortable using it as a medium of exchange, much less a store of value) but I think people underestimate how badly we're getting screwed by the current payment oligopoly.
Why not just trade in something else like gold or coins, where you can buy and sell without having a state security system looking over your shoulder?
I frankly don't know if I'm a fan or not. I haven't been, but the movement seems persistent, and I admire that. I also admire the concept of trying to use technology to free us from ever-more-oppressive governments. However I'm cautious: BC is "version 1.0". Might take until version 3 or so to get the bugs worked out.
I just hate seeing a lot of really smart people work hard to end up in the same spot they started from.
Instead you'll have to pay fees to miners as transactions fees. This is the medium to long term stated goal of bitcoin.