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Why will users need an account with some provider? Why can't they just send BTC?

• oscargrouch 7y ago
  They can, this doesnt affect the normal, quasi-organic way of BTC payment processing. But in the traditional Bitcoin processing, the shop providing any service or good that can be payed with BTC must have a private wallet, as we know. This, on the other side, propably means that you, the customer can choose to pay with BTC instead of debt or Visa and the shop will receive the money in the local currency without the need to deal with BTC or you to directly move the value from your digital wallet. They are just doing what they alredy do, being just the middle-man who gets its cut just for being the middle-man. I just cant wait for the time they choke our legislators with so much money, that they will push to regulate bitcoin in a way where the traditional peer-to-peer payment becomes forbidden, and we all have to use the greedy middle-man, that we didnt even need to use anymore, thanks to the inovations like the blockchain. Welcome to the future, were all things old are new again.