Okay cool so I have a post I can dust my canned responce off for. Are you fucking seriously thinking straight OP? Do you realize what you have said. .. LoL! ! Hold on..... do you realize all money is this way? I pay cash for almost everything I buy to avoid fees. I still get taxed. I make a payment with btc I pay a tax to the miners. .. But hey yeah if I buy from a guy on bitmit even in state I'm not going to pay the same tax.
I pay every with CC to avoid fees, get cashback, be safe, and quick
There is no way on earth you would ever be able to do that with btc, mad bro?
News flash as well. You can pay for drugs with anything. Includes your mangina and your first born. Actually let's just put all that illegal jargon in this para. Laundering money. .. ever hear of green dot cards? Small apple shit that adds up to huge amounts are cleaned hourly. You also mentioned scams... Do you read your local paper.
http://etv10news.com/police-apprehend-fraud-suspect/Oh hey... was it bitcoin he had taken? Nope but just as easy in the name of scam right?
.Do you see a pattern? ALL money is hard boild bullshit. You won't find anything less out there. But what you are experienceing is life in a nutshell with crypto. It takes all kinds to make this world work. Good and bad. The difference is we cannot become the judge and jury.
What we can do is keep beating the concept of fair trade. Trust and hell even the over looked fact that privacy is not a right. If you fuck up here you are Marked. In some cases that's pretty heavy shit and far worse then jail. Imagine someone today scamming you for 0.1. Then a few years down the road shit changes for that person. New life new job. It might not happen for them if an employer was to look at the guys history and see's he has no quarter defrauding someone.
Think about it. It's deeper then what you think it is
Did you even ready OP?
Or are you lacking brain?
If you did not understand something, please free to chill a little bit and read it again after some time.
Its not as great as you make it sound, I can name lots of negatives to credit cards.
#1 Chargebacks. There is nothing worse than getting money, spending it, then some asshole decides he doesn't want to pay for it anymore and does a chargeback. It happens even more often with internet only businesses, who pay higher fees to begin with, since they are not swiping the actual card.
#2 No control. Once your card number is out there it is out there. Tons of people get fraudulent activity all the time. When this happens they shut down your card right away and not even you can access funds with it. People do not like to be inconvenienced. This actually happen to me recently, but it was with business check card, and now it is going to cost me money to not have my card, because certain things will not get paid this week. Bitcoin puts you in control, there is no credit card fraud, because there is not a transaction that goes through unless you approve it by sending it, not the bank.
#3 Buying power. There is no buying power in credit card, businesses take them because they have to, not cause they want to, it wasn't long ago you had to buy at least $10 worth to use it. So you are paying more, this is why cash deals are usually for less. Do you think this is because of fees? No because its easier for the business and gives them cash flow.
As the poster in this thread said, Bitcoin has went up 24% in a month, this gives it even more buying power. Businesses will not just be lowering the price you pay by fees, they can lower it even more because they may be able to make money on their money. Not to mention if buyers hold on to theirs for a month it goes up 24% they can now purchase that much more. It gives power to both sides, by cutting out the middle man, kinda like wal mart did, who is the biggest company in the world for the last I don't know how many years.
People like control and convenience, just look at 7/11. Its very convenient to send something to someones wallet, you don't have to put in your billing, some dumb ass captcha on some crooked website that keeps reloading, not to mention risk putting all of your personal information on the net except your SS.
Some people just don't think things through, too worried about the minor details.
Just My2Cents
