This is far from being an ideal solution though, at least for now. I too was really excited when I heard about Bitcoin payment cards the first time. The problem is that the fees are quite bad, paying $2 - $4 per transaction is not something I would want to do, then you have loading fee and I think most charge a service fee every month too. Would be great if they implemented an NFC payment system like ApplePay while keeping the fees well under a dollar per transaction
I was considering the issue from a technical point of view, obviously. What you mention is not related to Bitcoin as such (high monthly payments, hefty transaction fees, etc). I think debit and credit plastic cards when they had been first introduced were also quite expensive to consumers until real competition kicked in. And now you can have payment cards with no fees altogether...
In my view, it is only a matter of time till the first totally free (free as beer) Bitcoin payment card is issued by some Bitcoin start-up
How are the fees involved in making Bitcoin payments not related to Bitcoin?? a solution has to be whole package. If you are considering it from a 'technical' point of view then regular debit/credit cards have already reached that level of efficiency, there is no need to switch to Bitcoin. Sure the fees will probably go down with time that's why I said "not an ideal solution for now" at the start of my comment.
You seem to be badly misinterpreting my post (hopefully, not intentionally) as well as forgetting what you have been challenging yourself. First, I said that the fees charged due to payments with Bitcoin payment
cards are not related to Bitcoin itself. Since this is exactly what you argued ("the fees are quite bad, paying $2 - $4 per transaction"), it is clear that you referred to such fees only and not the fees collected by miners, while now you are talking about fees in general ("the fees involved in making Bitcoin payments"). Second, I specifically emphasized ("[these fees are] not related to Bitcoin as such") that they are, unlike transactional fees charged by miners, not part of Bitcoin, or Bitcoin protocol if that makes it easier for you to understand...
If you can't see the difference, then you are pretty much on your own here
Dude are you even serious right now? So according to you, when I say "fees involved in making Bitcoin payments", in the context of the discussion I would be referring to transaction fees?? I highly suggest you re-read our entire conversation before deciding that you are indeed right. This is my last comment on the topic.
I was not replying to
your post in the first place (this is not to say that you may not chime in, of course). In this way, I gather that it is mostly you who should first read the
whole discussion from where it started, not just
our discussion. Moreover, since I'm considering the issue of spending bitcoins in real life from a technical point of view, i.e. the easiness of spending (or lack thereof), you simply can
not claim that there is no need to switch to Bitcoin (as you do in your reply). By claiming so, you are essentially leaving the scope which is encompassed by such a view. In other words, you are moving to considering the issue from an
economic angle (whether it is worth to switch to Bitcoin), and that would be quite another story (which simply can't be comprehensively investigated within the technical scope). It would be "out of scope", so to speak, beyond the question of how fast and conveniently you can pay with bitcoins. I'm sorry that you can't see this other difference either and the overall erroneousness of your approach...
In any case, I sincerely hope you will actually refrain from commenting on this topic any further
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