For those who doubt Bitcoin potential as a payment currency, try this

[DiceAreCast]

One of the dumbest things I have ever heard from Steve Jobs.

Not a criticism about your point but the video is stupid. It shows how Steve Jobs' lemmings always ate out of his hands. Was this supposed to be a class or comedy show? The examples he picked even a kid could have done better, pretty dumb examples. He was so overrated. He screamed at his engineers to put features into a tiny box (mobile phone) yet never moved a finger himself.

By the way here is my interac free money transfer procedure: open mobile app, choose interac, click on recipient, enter amount, confirm, send.

I am not sure what you are trying to prove here other than that you are stubborn and can't really accept other arguments. Your country's payment system sucks, ok, we get it. But that does not mean the entire fiat system sucks. In fact it works great, even today. Using Cyprus as example of potential risks is weak, who parks money in a Cypriot bank? Only criminals and dumb people.

Here, I will help you. Download Wallet of Satoshi, deposit BTC. Got to Bitrefil, buy things, scan the QR code with Wallet of Satoshi. Enjoy the purchase. The end.

I'm not one to bullish and technical by nature, so I added all the upsides and downsides of the process, plus the technicalities. But that dumbdown version is that. I suspect 99.5%+ of bears never tested that, yet they feel like they can scream from the rooftops about their opinion, but they never short it, just talk. Its like what Jobs said about consultants

 

[Math_Wiz]

Those purchases at bitrefill are not recorded at the blockchain, the lightning network has a onion routing style system to prevent lightning channels to know where the money came from and where it is going. Anonimity tools like TOR can be used to browse that website so it never knows who you are.

I'm surprised the alt-right didn't use the anonymity tools like you suggested.

https://blog.chainalysis.com/reports/capitol-riot-bitcoin-donation-alt-right-domestic-extremism

 

[Daal]

I'm surprised the alt-right didn't use the anonymity tools like you suggested.

https://blog.chainalysis.com/reports/capitol-riot-bitcoin-donation-alt-right-domestic-extremism

Not many people know that lightning is operational and offers more anonimity. When people learn that they will start to use. Then one day a big criminal group will be busted and say they used lightning to send funds. That's when politicians will get pissed and try to ban it. But the way it works it might be unbanneable, kinda like Bittorrent back in the day

 

[misterkel]

You said it. Bitcoin was used to traffic drugs and what happened is they arrested people involved, forced them to surrender their Bitcoin to the Federal Government. What do you do when you are threatened with numerous charges and forced to give up your username and password? Game over.

Gotta love this logic - BTC was used to traffic drugs, because the USD was NE-ever used for that, now was it?
Guilt by association is a rhetorical fallacy, btw.

 

[smallfil]

Gotta love this logic - BTC was used to traffic drugs, because the USD was NE-ever used for that, now was it?
Guilt by association is a rhetorical fallacy, btw.

If you are ever associated with say, a drug dealer, you probably, will have a hard time proving your innocence but, keep up at it. Drug dealers have in fact been arrested and their bitcoin taken from them. Who else has been arrested and charged? Who knows? Can't happen to you right, because you are so special?

 

[remoteControl]

dudes, bitcoin is going much, much.......much higher. are you traders or not?

 

[Pekelo]

dudes, bitcoin is going much, much.......much higher. are you traders or not?

I, I, I just would like to buy a cup of coffee with my Bitcoin, but $14 is a little bit too steep of a price. (that is 4 bucks for coffee 10 bucks for transaction)

 

[remoteControl]

I, I, I just would like to buy a cup of coffee with my Bitcoin, but $14 is a little bit too steep of a price. (that is 4 bucks for coffee 10 bucks for transaction)

Ok you’re right. Bitcoin is going to zero bc it isn’t an ideal currency to purchase coffee.

 

[Pekelo]

Ok you’re right. Bitcoin is going to zero bc it isn’t an ideal currency to purchase coffee.

I am right because I actually read the title of the thread. Nothing about BTC's price, but its usability.

Say after me: usability

 

[remoteControl]

I am right because I actually read the title of the thread. Nothing about BTC's price, but its usability.

Say after me: usability

We can’t all waste our lives posting 17k times. Some one has to be on the right side of these trades. You do your thing man. I hope worrying about coffee has made you profitable.