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?
That's just no just fees, the big problem is the delays.
This morning I did a transaction which is now stuck somewhere in the Internet. Too bad, that was urgent. For my next transactional need I won't use Bitcoin which is now unreliable, but some other altcoins.
Congratulations, huge retards small blockists, you are killing Bitcoin. That what you wanted all along, isn't it?