> Market dominance is absolutely a fair argument for something being preferred by consumers, It absolutely is not when you're discussing a new technology most

> Market dominance is absolutely a fair argument for something being preferred by consumers, It absolutely is not when you're discussing a new technology most consumers don't understand yet or have never used. > unless if you’re going to allege fraud or assert that everyone is dumb. False dichotomy, it's a new technology, most people simply haven't had the chance to use it yet and don't understand it yet. > As an aside, we have internet money. They’re called credit cards and debit cards Those aren't the money I'm referring to, those are 3rd party verified trust you'll get paid systems, money is cash, and doesn't require a 3rd party to be trusted to pay you. > What I have yet to see is an actual explanation for how any proposed “internet money” is superior to my Visa without relying on any ideological claims. It's pretty simple, the same reasons you might want to use cash in the real world rather than credit. When you pay for something with cash, you're not at risk of that vendor taking more than you give him, you don't have to trust him. When you give a vendor a credit card, you're always at risk of fraud, a debit card... you might lose all your cash and you can't dispute those charges, it's not a credit card. Both of those also require the 3rd party to profit, so they charge extra fees. Cash typically has no extra fees (internet cash will, but they should be way lower than cc fees). Beyond that, you need to step outside yourself a bit and be aware of your privilege, much of the world doesn't have access to credit cards and debit cards or even banks. Internet cash is a way for them to join the online world. If you can't get past your first world privilege, you'll never understand. There's no ideology here, I don't think Bitcoin is the right mix of features for a good Internet cash, but Internet cash will come.