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>Bitcoin has only failed so far as a replacement for Visa and Mastercard. So no, nobody's using it to buy coffee. It not being "used" in this context is referr
by TeaBrain 2y ago
>Bitcoin has only failed so far as a replacement for Visa and Mastercard. So no, nobody's using it to buy coffee.
It not being "used" in this context is referring to it not being used as legal tender. The law that was walked back was one which had made bitcoin legal tender throughout the country. As others have mentioned, it seems to have largely failed in being adopted as such, as surveys seem to indicate that less than 10% of people
in the country had used it as legal tender in the previous year.
- distortionfield 2y agoTrying to use bitcoin like this is like trying to use certificates of deposit to buy coffee. Bitcoin is a store of value, it’s nonsense to try and use it like this. Look at Ethereum if you want a medium of exchange fit for the digital age.