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I’m not sure why anyone in their right minds thought bitcoin was going to be used by random civilians for their everyday transactions. Customers want the protec

I’m not sure why anyone in their right minds thought bitcoin was going to be used by random civilians for their everyday transactions. Customers want the protections that banks and credit cards provide, and vendors don’t want to expose themselves to exchange rate risk when selling goods and services. Oh, and 4 transactions a second is far too low a limit for any currency.

gwbas1c 7y ago
For what it's worth, the Bitcoin paper points out that it's an experiment. Most people seem to gloss over and forget this critical point. (I've always been in shock at how many people don't realize that it's a poor currency, but a useful experiment overall.)