Quote from: jago25_98 on December 15, 2017, 08:29:06 AM

Quote from: NeuroticFish on December 15, 2017, 08:09:44 AM

Quote from: jago25_98 on December 15, 2017, 07:15:40 AM

What about the high transaction fees of bitcoin? Can you imagine if amazon accepted bitcoin payments and people order a book for $20 and have to pay high transaction fee which makes it too expensive? I see BTC more as a investment than a currency for daily payments.

Of course the fees are way too big now. And I still believe that the current size of the mempool is unnatural. And you are right on this, there was already a story about Steam no longer accepting Bitcoin exactly because of the fees.
There are already merchants accepting some of the altcoins here and there, I know that too.

For now, the best option is indeed to work with Bitcoin-as-asset, not Bitcoin-as-currency if you cannot use SegWit.
But Bitcoin is evolving. SegWit is already a big step. LN will follow. The devs will improve Bitcoin until it will become fit to be used as currency.

And let me give an example. I have a "Bitcoin card". Before, converting Bitcoin to fiat was expensive. They moved to SegWit and now I don't even know if it's for free or just dirt cheap. It's a good step forward.

Segwit gives hope! I believe in btc. Still regret selling a lot back in 2014. Luckily I still have a good amount left. If the devs manage to implement innovations that reduce the fees and speed up the transactions then btc will be used as investment and daily payments.

How do you feel about the Dash pre mine? I don't know if people will want to use Dash for daily spending compared to Bitcoin.