Post
Topic
Board Economics
Re: Faster adoption
by
cinder
on 20/07/2014, 02:38:27 UTC
Why bother? It's not like BTC is even that useful in retail. Let it first prove itself by conquering the international remittances market and e-commerce.

Why is it not useful in retail? I love the idea of not having to depend on a credit card company to buy simple, cheap items. If I can just scan a QR code and pay directly that sounds so much easier and convenient.

Price volatility is the main reason.


I'm surprised that someone on this forum would regurgitate an incorrect statement like this. 
Bitpay and coinbase remove the risk of volatility completely. Period.

This only remove the risk on the merchant side. What about consumer side?

If consumer only buy bitcoin on demand before paying, why not stick to fiat or credit card?