Topic: Will we reach the point that people do not even know they are using Bitcoin? (Read 673 times)
May 24, 2013, 06:44:54 PM
I think what you are describing above can only happen if people are confident that governments will not or can not interfere in bitcoins. And once the fear of goverment intervention is gone prepare for a big payout if you are a btc hoarder.
May 24, 2013, 06:18:10 PM
With the services being built around Bitcoin, I could easily see people using Bitcoin without even knowing that they are doing so.
Maybe a website where you buy "points" and you are able to buy things with those points but in reality you are buying mBTC and the site is paying merchants in bitcoins.
Or a bitcoin card that does everything on the back end in bitcoin but the user does not necessarily refer to it as Bitcoin.
Maybe major financial institutions will start moving large amounts of money back and forth via Bitcoin for its compatability and ease of transfer.
If that happened, how do you think the price would be affected?
Maybe a website where you buy "points" and you are able to buy things with those points but in reality you are buying mBTC and the site is paying merchants in bitcoins.
Or a bitcoin card that does everything on the back end in bitcoin but the user does not necessarily refer to it as Bitcoin.
Maybe major financial institutions will start moving large amounts of money back and forth via Bitcoin for its compatability and ease of transfer.
If that happened, how do you think the price would be affected?
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