This is all wrong. Many people receive payments and pay in bitcoin. All without having to trust some centralized oracle that cannot, at the end of the day, be t

This is all wrong. Many people receive payments and pay in bitcoin. All without having to trust some centralized oracle that cannot, at the end of the day, be trusted. Take a look at what is happening in Venezuela with bitcoin, and you will see why your statement is wrong. The fact bitcoin, an open source project, continues to flourish with some of the brightest minds in computer science ten years after its foundation speaks to its core strength: the removal of trust. I sold an old phone through traditional fiat a few months ago, it took paypal 3 weeks to process my payment. With bitcoin, I could have been paid with in the hour.