> Served better From whos point of view? As a merchant, I'd love it if our customers all paid in BTC as it would eliminate all fraudulent/charge-backed transa

> Served better From whos point of view? As a merchant, I'd love it if our customers all paid in BTC as it would eliminate all fraudulent/charge-backed transactions which cost us $15 each time. (A nice little money earning industry for the CC companies btw!) As a customer, I'd rather pay with my CC so I have some protection over my payment. If you're looking for something that's better from both points of view, then drugs is the obvious one that springs to mind. Consumer based foreign exchange (swapping my GBP for USD for my holiday to USD) by using Bitcoin as an intermediary vehicle could save me a ton of money as well, this isn't exactly possible yet but would be awesome if it could be done one day. It's better for everyone except the rip off middle men who charge horrible fees and rate spreads. Another service that would be better with Bitcoin would be remittance. This one is cited often, and should not be overlooked. Again, middle men banks and rip off services are the only ones who would suffer. And it's a huge huge market. Take a look at the control large institutions have on the market as well to see further benefit. Wikileaks for example endured a "banking blockade". The banking industry stopped for a moment in time Wikileaks being able to accept donations via Mastercard, Visa etc. With Bitcoin, no corporations can interfere with fund raising. What about charity? > When you donate via credit card, the charity has to pay a transaction fee of 2-3% on the transaction. If you make a $100 donation, your charity only gets $97 of it. According to a Huffington Post article, banks and card networks make about $250 million a year off of charitable donations. http://www.nerdwallet.com/blog/nonprofits/donate-charities-corporations/ http://www.nerdwallet.com/blog/nonprofits/donate-charities-c... Let's cut these middle men out of the equation, if I donate to charity 100% of my Bitcoin are guaranteed to arrive in their control. It makes me feel sick that when I donate to charity some credit company is taking their cut.