Quote from: Bamel on December 11, 2017, 06:14:00 PM

Quote from: Amial on December 11, 2017, 06:13:32 PM

Quote from: Washball on December 11, 2017, 06:10:55 PM

The intention was to have p2p transactions, so third parties like Banks, would be avoided. So, using bitcoin as a mainstream currency would be like missing the whole point. It's not only because of technological issues like scalability, slow transactions and high fees, that will not make it work like a currency. Although there are companies accepting bitcoin, the high volatility makes it risky to use as a currency.

took me 10 days to sell my shares into FIAT..get the money into my traditional bank, send thsat money from Australia to overseas where I live then withdraw that money from my local ATM - all attracting fees..Then I bought my Bitcoin and had it in my wallet in 8 mins..LOL..

Very good points and exactly why I think - on its own - Bitcoin is a fantastic invention. However, plenty of fantastic inventions fail. And I think this will be one of them.
Blockchain, on the other hand, is much more interesting....

Could anyone explain to me why if Bitcoins and other 'currencies' are so valuable, the seller would want to be paid cash for them?