4 ms·
The problem with all of these e-currency schemes is that there's still a huge divide between the virtual e-cash world and the real "bills & change" world. I can
by quanticle 15y ago
The problem with all of these e-currency schemes is that there's still a huge divide between the virtual e-cash world and the real "bills & change" world. I can't use Bitcoin to pay my rent or buy food. In order to do that, I have to go through a money transfer site. These sites are already pretty heavily regulated. I'm not even sure that any additional laws would have to be passed in order to make Bitcoin illegal; it might just take an administrative decision by the Treasury department.
- tzs 15y agoMore important, you can't use it to pay your taxes.
- mike_esspe 15y agoThis looks like a plus :)
- RK 15y agoThere is at least one person selling gift cards for bitcoins, including Walmart and Amazon giftcards. Also there is at least one site selling food directly (http://www.bitmunchies.com http://www.bitmunchies.com). So you wouldn't strictly starve...