Quote from: 7Priest7 on December 21, 2013, 07:49:06 PM

BTC cannot and will not compete as a payment processor.
BTC lacks the ability to handle the sheer volume of transactions that the world needs.
I doubt BTC could handle Paypals daily load effectively,
we would be resorting to fees or long confirmation times.
It is important to note: current payment processors charge the merchant the fee.
In the case of BTC the consumer would be responsible for the fee/long confirmation time.

Nonsense. You're making some broad and uninformed declarations.

Quote from: lorix on December 21, 2013, 12:34:46 PM

We already have a major global player - Apple - refusing to allow Bitcoin transaction related apps on their iOS platform. If they can do this, what is stopping the global credit card players from taking a similar stance?

I use MT4 on my ipad to trade Bitcoins, and there are a few apps providing info and alerts for Bitcoin as well. Is it just wallets they won't allow?