Bitcoin is abdicating its first mover status as electronic cash by not allowing the consumer market to make general purchases. Others will gladly take its place and enjoy the liquidity.
Well:
https://www.paypal.com/webapps/mpp/merchant-feesHave they killed general purchases?
They are doing
230 bn USD in annual transactions.
And somehow BTC's 0.01-0.05$ (depending priority) fees are a problem? For real?