Quote from: fr4nkthetank on July 20, 2015, 04:32:04 PM

Quote from: TimS on July 14, 2015, 12:06:58 PM

Why is this a problem, exactly?

You are kidding right ?

No.

There is no problem. Bitcoin is censorship-proof money. It solves problems which other forms of money can not. It also comes with costs that other forms of money do not have (like understanding how the block chain must be built and accepting confirmation times).

Bitcoin is only a tool and tools are normally specialized things.

When you need to cut a piece of wood, you don't grab a hammer, you grab a saw.

When you need to permanently transfer value without the help of a middleman or the permission of an authority, you use Bitcoin.

When you need to buy some cheap mundane consumer good in a store, you use a credit card, debit card, fiat cash, paypal, et cetera.

Bitcoin can not be all things for all people. People need to accept that instead of trying to change Bitcoin (which has certain properties unlike any other form of money on the planet) into something else (for which we already have multiple, perfectly functional options).

Confirmation times exist due to the very nature of how Bitcoin functions. Anyone who thinks they need fixed isn't bothering to look at the big picture. Do you want Bitcoin to allow you to easily buy your junk, or do you want it to continue to provide you with monetary freedom? Which of these things does the world desperately need, more consumers or more freedom?