Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin 'real money' to you?
by
MJK
on 26/10/2015, 18:10:10 UTC
The reasoning behind my thinking that Bitcoin isn't real money is :

1, You can't goto your local petrol station or McDonald's to buy either cigarettes or burgers.
2. Do I really want to wait from 15 mins - 2 hours to confirm a small purchase at an establishment.
3. Sooner or later someone will crack private keys or find a way to control wallets and all Bitcoin will turn to dust.
4. How would you calculate the price of an item if Bitcoins price is so fickle

sir, you're exceptionally stupid.

Yeah can't really take this post seriously as there's several levels of ignorance but I'm tired of seeing the waiting for confirmations stupidness. Once you send bitcoins they're as good as spent so no need to wait, but do you wait six months when you send a Paypal or creditcard payment? No.