99% of the time that's what I hear from 'average' people:
"Why should I use Bitcoin when I have a credit card and Paypal? Bitcoin is a solution without a problem ... "
I think Bitcoin will catch fire first in the developing countries, especially Africa, where people have few access to banking services and where remittances from family members living outside Africa are so critical. Neither Western Union nor wire transfer is the best service for family members in 1st world countries to send money to third world countries ...
"Why should I use Bitcoin when I have a credit card and Paypal? Bitcoin is a solution without a problem ... "
I think Bitcoin will catch fire first in the developing countries, especially Africa, where people have few access to banking services and where remittances from family members living outside Africa are so critical. Neither Western Union nor wire transfer is the best service for family members in 1st world countries to send money to third world countries ...
Bitcoin will catch fire on the opposite side buddy, there is nothing more shiny for rich people than to buy what they dont need because someone else needs it more.
btw i also have paypal for years, but for some reason my country isnt allowed to keep the funds there, theyre sent out to binded bank account every 1st of the month, add paypal fees to the formula, and thats whyi dont like or use paypal anymore.
I need store of value somewhere where i dont need to explain why and how much, and bitcoin is perfect.
cheers
