Quote from: BittBurger on August 17, 2014, 10:32:38 PM

Is this what they mean when they say Bitcoin can never be used for micro transactions?

No. This is what they mean when they say that Bitcoin is not designed to handle microtransactions on the blockchain.

Quote from: BittBurger on August 17, 2014, 10:32:38 PM

Is this one of the 10 million things the Bitcoin dev team should have fixed 12 months ago, but has slated for "some time in the next 5 years" instead?

No. This is something that entrepreneurs will provide a service for when there is enough of a market for it.

Quote from: BittBurger on August 17, 2014, 10:32:38 PM

Meanwhile the entire financial industry sees Bitcoin as having major flaws and never incorporates it.

The financial industry is welcome to see whatever flaws they like. They are welcome to hire programmers to fix whatever they like as well. It's open source and decentralized. If you don't like it, fix it.

Quote from: BittBurger on August 17, 2014, 10:32:38 PM

And we never go ot the moon, because a bunch of developers have decided "we dont need that fixed right now. we'll do it later" ?

Bitcoin isn't a "get rich quick scheme". Get over it.

Quote from: BittBurger on August 17, 2014, 10:32:38 PM

Or is this something else?

-B-

Definitely something else.

Quote from: BittBurger on August 17, 2014, 10:43:50 PM

I know how Bitcoin works. Im making a point. I am able to send up to $5,000 completely free of charge from one Chase bank account to another persons Chase bank account, instantly. With no miner fees or waiting time either.

And how long until that Chase transfer becomes 100% irreversible? I suspect Bitcoin wins on that point.

I am able to send 10 BTC ($5,060 at the moment) completely free of of charge from my bitcoin wallet to another person's bitcoin address instantly with no miner fee as well.

Tell me this...

Can you open a brand new Chase bank account with a $0.01 deposit, with no monthly fees, regardless of minimum balance and regardless of the number of months with no activity on the account?