4 ms·
People are critical of these services, but the poster you're replying to is correct: bitcoin is not ready for prime time. As much as the bitcoin faithful would
by stinkytaco 13y ago
People are critical of these services, but the poster you're replying to is correct: bitcoin is not ready for prime time. As much as the bitcoin faithful would like to deny it, bitcoin will not be widely adopted until there is a financial services industry around it. The necessity of credit, the convenience of easy payment, the security of your money in a bank, it's just too tempting for people to walk away from. Nevermind that there is still a massive part of the first world population that can't program their clock, much less download a bitcoin wallet. And the fact that Internet infrastructure is still limited worldwide. Try paying with bitcoin on your phone in some more remote parts of Montana.