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Why do people keeping talking about BTC replacing credit card payments? BTC does not offer credit. It might replace debit cards (BIG might), but credit cards exist for a reason.

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I think most people use credit cards for convenience/points not because they're so broke they need to borrow money to buy a Big Mac.

Less than 50% of Americans always pay their full balance, around 33% usually or always carry a balance.

http://www.gallup.com/poll/168668/americans-rely-less-credit...

Most people use credit cards for cash flow management. They carry a balance, but make payments.

I wrote an article on this, scroll on down to "The Solution" http://cointelegraph.com/news/113255/keeping-score-at-the-20...

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