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I read your entire paragraph and this just seems like a hammer looking for a nail. Credit cards automatically handle all of this (blacklisting, risk and fraud

I read your entire paragraph and this just seems like a hammer looking for a nail. Credit cards automatically handle all of this (blacklisting, risk and fraud management, trustful 3rd party, etc.) so why would anyone want to use BTC for payments unless it's for things that CC companies won't touch (drugs, pirated software, etc.)?

joshribakoff 9y ago
> why would anyone want to use BTC for payments You're right, that's why I said it probably won't happen, but if demand were high enough it could be made to work. One scenario that would increase demand would be inflation of the US dollar. Look at what happened in Zimbabwe. I'm not saying that's likely to happen, just playing devil's advocate.