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It was April 4th 2011. There's an entertaining sub-thread about Bitcoin in that discussion https://news.ycombinator.com/item?id=2407053 https://news.ycombinator

• necubi 11y ago
  And four years later at $400/bitcoin, that's still true.
  • cookiecaper 11y ago
    Yep. One of the main allures of credit card processing is that it's instantaneous. Bitcoin's confirmation system is a non-starter as a competitor against credit cards unless you have special circumstances that make it the only practical option (can't trust customers to refrain from filing chargebacks and/or conventional financial institutions won't have anything to do with your business). Ultimately, while Bitcoin may maintain some value, it's not very convenient as an everyday payment instrument (just like gold, actually).
• angryasian 11y ago
  at this time I would still say thats an accurate statement.