1) Excessive usage charges - I don't get charged each time I use my debit card. Security - my bank guarantees my funds even if they screw up. Speed -
2) it takes seconds to withdraw cash or process a payment by Debit/Credit card. No confirmations needed.
3) My money is accepted around the world at almost each and every merchant - I tried to buy a basket of goods last week with bitcoin and the Marchand couldn't be bothered.
4) So I left. See other thread. No one will ever use or accept bit coin until these problems are addressed immediately.
Well indeed, the merchants fee varies but even a small percentage is a lot when you move millions and billions of dollars. 2) it takes seconds to withdraw cash or process a payment by Debit/Credit card. No confirmations needed.
3) My money is accepted around the world at almost each and every merchant - I tried to buy a basket of goods last week with bitcoin and the Marchand couldn't be bothered.
4) So I left. See other thread. No one will ever use or accept bit coin until these problems are addressed immediately.
What's the problem with confirmations? That it takes an hour to make an international transfer?
Have fun trying to spend your dollars in China and the EU.
4) makes no sense actually. Nobody will use or accept bitcoin until these problems are addressed? How can 3 be addressed if no one will accept bitcoin until it is addressed?