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Only if you consider cryptocurrency "cash". Otherwise, plenty of people are already living exclusively on bitcoin today with many benefits and few of the scare
by kylebenzle 10y ago
Only if you consider cryptocurrency "cash". Otherwise, plenty of people are already living exclusively on bitcoin today with many benefits and few of the scare mongering issues. I can't imagine the masses are still 2 whole generations from catching up, I'd think about 10 years would be enough.
- jimmywanger 10y agoIsn't bitcoin limited to 10 transactions a second, roughly? We're hitting some real limitations with cryptocurrency, if the second gen ones are better, good on them, let me know. If I'm trying to pay for breakfast in a jook shop in Hong Kong, you better believe that it's going to be cash, not something the shop owner has to get online to accept.
- dpark 10y ago> Otherwise, plenty of people are already living exclusively on bitcoin today Citation needed? This seems hard to believe unless "plenty of people" is in the ballpark of maybe a dozen.
- ChoHag 10y agoBitcoin has exactly the same problems as any other cashless interaction. It's where my money is, but it's not the next cash.