Why use Bitcoins ?
I keep seeing threads on why don't people ? The real question to me is Why would they ?
-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.
I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.
I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.
Bitcoin was not designed in the way you are describing it. Bitcoin was not made for people to use it to buy groceries and everyday spending with. It is meant as an investment option, similar to gold.
Bitcoin is also fairly anoymous, especially if you use multiple addresses. Think of bitcoin as gold and compare them. They re both investments but Bitcoin has the abilibity to be spent online.
I partially agree. I think that as it can be used as an investment, it can also be used as a currency to pay for goods and services. People use bitcoin because of the fact that it's convenient and easier to use. Dealing with people or entities in other parts of the world could happen even without the use of the traditional credit cards or bank cards. Also, due to cryptocurrency, people can invest in start-up business even when they don't have much in their stash since the crytocurrency market lives on crowdfunding.