Integrate, integrate, integrate, and Bitcoin will succeed, because it is superior.
If I wanted to go out to dinner, or needed to go to the store for some groceries, where can I go that will accept this superior currencies debit card?
Anywhere debit cards are accepted.
But way to come out swinging before you understand what is being discussed.
But I'm still ultimately paying in cash. The bitcoins are just converted into real money by this bank. I've added this bitcoin middleman because...
It's a better store of value than fiat.
Is that why it is effectively backed by fiat? Or why the only community to really embrace it is absolutely plagued by scams and baffling incompetence?
Back to the initial point, isn't part of the entire mythos of bitcoin getting away from federal regulation and banks? If you are just going to have your bitcoins processed through a bank that then converts them to fiat money, you are just taking a worthless middle step.
You're still paying in fiat money, this is not a win for bitcoin, just a confirmation that for anyone to take it seriously, you have to back it with the very fiat money you are trying to overthrow.
JESUS FUCKING ChrIst someone talking sense.
With all due respect, Rob, if Bitcoin were a closed system, then you wouldn't have penned the following:
Hi My name is rob i'm from amsterdam holland i've been follwing bitcoin for about 3 or for day just looking at different things wondering what it is all about i'm in it for supporting an alternative currency that could possibly save the planet as we know it . . i think we need a free currency that is decentralized cannot be manipulated by governments or so called elites to bring countries and people to its knees and to financially enslave them. . that's what i am in it for if i can make money at the same time then it's just win win ( not that im not already doing other things beside employing bit coin ) . . an investmend advice i once read was " invest in something that you love and you'll never lose. . i love this planet and it's people and the many freedoms that still we do have . . yeh i mean that .. because in relation to if and when . . the world bankers do fully take over , what we still have now, would be paradise, compared to that. .
As max keizer said .. this is the currency of the resistance . . I'm not in it for illegal activity i'm in it for the financial freedom on this planet and freedom from financial slavery. . and take the power away from the financial psychotic criminals in charge today .. .. I see bitcoin as the good for all humanity i think this should be our main focus and should be our main purpose ..
Don't get me wrong, I do respect your stance, but we can't have it both ways--an open and closed system.
Currently, I applaud Dave.
~Bruno K~