I remember an article back in the late 90's where someone dared to live off the internet for a month(?) or so. Had to order everything online.
Would love to read this, a great rebuttal to those who critique via lack of adoption.
And for the naysayer goldbugs, someone needs to do an article trying to live off a week from a single 1oz Krugerrand. Undoubtedly that would be substantially more frustrating than the equivalent Bitcoin experience, starting with the divisibility problem.
- I cannot pay for my gasoline at any gas station in my town with a basic PayPal account, even if I have the funds already in the account.
- My local mom-and-pop carryout has a $10 minimum for all credit card transactions. Can't charge a pack of gum unless I buy $9.21 worth of other stuff I may not necessarily need on that trip.
- I cannot pay for my groceries with my silver, unless I'm willing to eat a 96% loss on an ASE by redeeming it for its $1 face value.
- I cannot order a pizza and pay with personal check, as virtually all local pizzarias no longer accept personal checks.
Despite all of these flaws and incompatibilities across payment networks I have to navigate everyday in my life, I've somehow managed to survive nearly 40 years!
Oh wait, that's right, I've got a functioning brain. Something that this tart at Forbes (and her editor) apparently lack.
Of course, I also don't throw tantrums when I have to *gasp*
walk somewhere without coffee (the horror!!!!). But I guess that's just me.