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Why do people keeping talking about BTC replacing credit card payments? BTC does not offer credit. It might replace debit cards (BIG might), but credit cards ex
by etchalon 12y ago
Why do people keeping talking about BTC replacing credit card payments? BTC does not offer credit. It might replace debit cards (BIG might), but credit cards exist for a reason.
- aianus 12y agoI think most people use credit cards for convenience/points not because they're so broke they need to borrow money to buy a Big Mac.
- dustcoin 12y agoLess than 50% of Americans always pay their full balance, around 33% usually or always carry a balance. http://www.gallup.com/poll/168668/americans-rely-less-credit-cards-previous-years.aspx http://www.gallup.com/poll/168668/americans-rely-less-credit...
- etchalon 12y agoMost people use credit cards for cash flow management. They carry a balance, but make payments.
- brighton36 12y agoI wrote an article on this, scroll on down to "The Solution" http://cointelegraph.com/news/113255/keeping-score-at-the-2014-bitcoin-bowl http://cointelegraph.com/news/113255/keeping-score-at-the-20...