Post
Topic
Board Bitcoin Discussion
Re: Zealots and Criminals, Is no one using bitcoin for legitimate purchases?
by
Stampbit
on 27/06/2013, 01:28:33 UTC

It was Paypal President David Marcus that said "The big question is whether [Bitcoin] is going to go mainstream or stay limited to just a few zealots and criminals." I started my bitcoin business, stampbit.com, with the intention of finding out for myself. Its been two months since i have started and have seen very little interest for this bitcoin version of USPS click'n'ship. No its not instant like clicknship, nor can i reasonably compete with my supplier on price, but then again i am trying to provide something that may prove inaccessible to anyone without a paypal account or credit card, and do it in a way thats much more convenient that how USPS does.



now what sort of person doesn't have a paypal account or credit card?

either 1) very poor people. 2) criminals who don't want to divulge their identity.  can you think of anyone else?  if so please let us know.

I dont have a paypal account (by choice) nor do i want a credit card. I do have a debit card however thats only because i am a US citizen and have at least $500 to put into a bank. So to address your question of who doesnt have either:

1. Very poor people who cant afford a bank account.
2. Criminals who dont want to divulge their identity but dont wish to steal someone elses.
3. Foreigners who do not have a US bank account.
4. People who by principle do not wish to support our current system.
5. People who have been shut out of the current system by credit rating agencies.

There are many case scenarios as to why a paypal/cc only business would prevent someone from being able to use it.