Quote from: BTCisthefuture on January 31, 2014, 02:03:15 PM

Quote from: davidpbrown on January 31, 2014, 01:09:16 PM

Quote from: BTCisthefuture on January 31, 2014, 12:51:33 PM

Will be interesting to see what if anything can be done to make it so consumers would want to buy bitcoins to spend them. Or maybe there's simply enough people who will buy bitcoin and hold them and then spend profits that thats still enough to create a decent sized amount of consumers using bitcoin. who knows.

You not wrong but it's worth noting that current options are rather pushing consumers away to any alternative that would offer what Bitcoin can.

I dont know about other countries but when I use my debit card or credit card... it just works. No extra fee's no extra steps needed. When I use cash...same thing.

I don't disagree that people are getting more and more weary of banks, and various fees here and there are pissing people off. But when it comes to your typical day to day transaction, there simply are no fee' on the consumer side. Except in cases of using plastic on various micotransactions.

The problem is that fiat is not decentralized and is artificially inflated. With Bitcoin (and other altcoin currencies) you can use it for financial transactions and your money does not become diluted by a central authority.

This will be the main driver of consumer adoption as transactions become more streamlined.