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with bitcoin for the first time in 550 years YOU are the bank, each and every one of us is actually a walking bank.
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with bitcoin for the first time in 550 years YOU are the bank, each and every one of us is actually a walking bank.
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Not everyone dreams of being his own bank. I, for instance, don't. No more than I dream about being my own plumber, or butcher.
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You are soon flying back after a two week business trip out the country. Whilst walking through the airport departure lounge your phone PA agent app offers to arrange a taxi to pick you up at the other end and drive you home. You tap yes and via yourinbuilt hardware smart wallet credit card the agent instantly books a cab and pays with bitcoin credit card. You order a beer and pay with bitcoin credit card using the contactless payment system from your phone. Your phone offers to get the cleaner in to tidy up the house before you arrive home but you decide against it as the place wasn't too messy when you left. It is the end of the month and whilst you wait your phone bill and electricity bills appear on the screen. Bugger you think and tap pay as they are paid instantly with a few precious satoshis debited from your wallet "why am I seeing this? These are paid automatically through my credit card!" ... etc., etc.
You are soon flying back after a two week business trip out the country. Whilst walking through the airport departure lounge your phone PA agent app offers to arrange a taxi to pick you up at the other end and drive you home. You tap yes and via your
FTFY. If you trust apps with your coin, trust them with your CC. No need for Bitcoin
Credit Card. Your tomorrow is here, today!
Edit: And I'm not even going to get into you ordering a beer and waiting for confirms, missing your taxi in the process, and coming home to find others living in it. It's been sold because I wrote your apps, which were open-source, but you didn't audit the code. There is no CC company to make it all better--BTC transactions are irreversible, and you're your own bank.