I am curious as to why and who would use bitcoin if it was accepted everywhere.
Very few 'buyers of bitcoin' will ever use Bitcoin to make traditional purchases, even if it's accepted everywhere. And here's why ...
Not a single person on this forum has been able to provide an "intelligent" explanation as to why a consumer would willingly and regularly take an extra step to make a purchase. Why would my next door neighbor go to the trouble to buy BTC to make a purchase when he could have already made the same purchase using the debit card in his pocket.
What is his motivation for taking that extra step?Because if I use my debit card to by heroin online they'll know who I really am.
My favorate edible panties store only takes Bitcoin.
Contract assassins give 2% cash back for Bitcoin.
Don't try to make people think that BTC is only good for illegal stuff...
Not every seller is able to accept credit card because I myself would have no idea how to use it if I wanted to do small sells , but I know it would be expensive.
And Bitcoin makes possible people earn money by ways that would not be possible or would be too difficult before the Bitcoin era, and they need to spend the money sometimes{I myself face this problem}
So you don't think it's even mildly curious that when Silk Road is alive and well, no one is afraid to do illegal stuff with Bitcoin because they think they're anonymous, Pirate's Ponzi is running and illegal stock offerings are everywhere Bitcoin had a 15 billion market cap and the price was climbing daily. Then the sheriff came to town, killed all the train robbers, made them realize they're not anonymous, started applying the law to LBC and woke everyone up, Bitcoins market cap dropped to 3 billion and the price is more stable than a loaf of bread since that happened. Sorry, but that's a little too coincidental for me. The volume you see now is mostly normal legal trade. That sucks. I want Bitcoin to soar again because I'm holding a bunch of them.
A place for everything and everything in its place. There's nothing wrong with Bitcoin filling the illegal market niche. Let's face it, it's easy for everyone to buy legal things with their current payment method. They don't need to change. People are naturally lazy and if they don't need to do something they usually won't. The desire for illegal items gave people a real need to use Bitcoin. Isn't that what we all want?