"Bitcoin sucks for payments"

Have you ever paid for anything with Bitcoin? It really sucks TBH.

High fees, slow confirmation.

I believe lightning network is live right now which solves both of those problems, but it's a layer 2 solution.

edit: fail, didn't check the video.
 
Daal, you are an idiot. Did you pay with bitcoin for something a year ago? yes? then you overpaid by 100-200%. And not even mentioning the ridiculous tx fees.

Come back again when you have something worthy to say about BTC like when it doubles. BTC is shit as a payment form.
 
Seems a reasonable solution... convert some of your BTC to cash and transact with that... rather than trying to "transact with BTC directly". At least so far, BTC is not a good "transaction medium".

Am I wrong?
 
S2007S said:
BTC will never over take the US dollar as currency or transactions. No one is going to invest real dollars for a magical coin that could be up or down 30% in a single week. Not only that but there is no intrinsic value in any cryptocurrency.
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Depends where you live and if you have access to USD. In Africa they send bitcoin to Detroit to buy a car because the central bank are holding onto their dollars and euros. Profit margin on an imported car is greater than 100%.
 
rolando87 said:
There's no intrinsic value in any fiat currency. It only has value because we just agree it has value. Otherwise you are left with expensive paper or a number on a screen.
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But fiat currency absolutely has intrinsic value in that it is valid currency to pay ones taxes in. Bitcoin does not have that.
 
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