The only thing that accomplishes is screwing exchanges over by wrecking their business model.
Thank you for this very thoughtful reply.
Alright.
"With centralized exchanges the whole purpose of Bitcoin is defeated. 95% (if not more) of the price of BTC is pure speculation hoping the prices go up, meaning 5% is for consumptions. This ofcourse cannot be sustained meaning the price will drop unless consumptions will increase alot."
Your
p2p plan does not change this. Thank you for your well thought out plan.
Yes it does, because the methods of payments are not limited to what exchanges accept, but what people who sell Bitcoins accept.
There can be people locally selling them for cash (instant).
People selling them via local banks (instant).
All this is inside the Bitcoin network, so you can 'lookup' sellers if you want to buy and if they accept your payment options that you want.
It's much like bitmarket.eu, where people also put their 'payment methods' at the bid price. But it will be inside the p2p network of Bitcoin which makes its extremely useful.
The whole point is to have this
inside the Bitcoin protocol/client