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Once we reach 20k households getting paid in bitcoin I believe at that point we will have reached mass adoption.
20,000 households in the US at an average household income of $50,000 would be $1 billion each year flowing into Bitcoin. And that's just the United States. Current mining cost is $300 million and next year it will be $150 million per year. To match that there would only need to be 3,000 households.
I could see us getting to 1,000 people using bitwage.co by the end of the year (at least getting a percentage of their checks in bitcoin). 3,000 easily by the end of next year.
As someone that gets paid 100% in Bitcoin I compare it to the day I decided to drop my home phone and live off of just my cell phone in the late 90s when it was not quite ready to do yet. I had to make some adjustments and "cheated" a little by using my office phone and needing to wait until after 7PM to make calls on my cell phone and little things like that, but it was possible. The same with using bitcoin as my primary currency, I have to "cheat" by selling some at localbitcoins to pay for local things and narrow down my selection of websites I use but it is possible. And, like my cell phone, it will get better and easier to the point that everyone will eventually do it and just like those people with land lines, they will be in the minority or have niche reasons for doing so.
Do you think we will reach 20k households getting paid in bitcoin? What is stopping you from trying it out with something small like 5% of your salary?
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I already use cheapair.com for my flights paying with bitcoins but it sounds like this will allow for many other ways of paying and will give bonus miles for using bitcoins. |
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Prescott benefited off of the alcohol prohibition much like drug dealers benefit from drug prohibition.
If you think a drug dealer is a hero then so was Prescott Bush.
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Curious...why do you still have a land line?
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I've sold a number of items on eBay in the past. A few days ago I received my first bitcoin payment for an eBay sale(agreed upon by the seller). If eBay decides to incorporate BTC into their service as a valid payment method, I hope they do not abuse it.
OpenBazaar will make that point moot. |
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I finally got my euro order through so now I can stop being such the bear I have been the past few weeks.
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Just looked at a few people's trust scores. Looks like it is made for giving people good or bad ratings if you like them or not.
I don't use it and don't plan on trading with anyone on here so no big deal. I'm sure I'll say or do things that will offend people but don't plan on begging them to change their mind. They are free to disagree.
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I keep looking up at the date of the OP and am baffled that the thread is from 2015, I was thinking it was 2014 or 2013 asking if anyone is using Bitcoin for every day purchases.
I get paid in Bitcoin and use it all the time.
If you buy something online there's no reason you should be pulling out a credit card if you have bitcoins.
But I think the point is it's rare you can spend your bitcoins online on things you want, at least not directly. It's a bit of a hassle converting them to gift cards etc everytime, also add to the fact of bitcoins depreciating value is worrying. Getting 10-30% off of your purchase should motivate anyone to switch to spending bitcoins online even if they don't like Bitcoin. Most things I would want to buy are available on Amazon. Everything else online you can get a discount through brawker.com A lot of people go to retailmenot to get a $5 coupon before purchasing something. Putting your order on a site like purse.io or brawker isn't much more difficult. |
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The feedback is unnecessary and he should remove it, but I don't see why you needed to self-mod that thread though, though that's your right whether you do or not, but as you can see all you do is piss people off when comments start getting deleted.
Ya, I was trying to see if I could make one troll free thread in Speculation. It ended up being too much work deleting endless sock puppet troll posts. |
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Even if Greece leaves the EU it won't be an immediate domino affect, it's not like other countries will see it the next day and decide to leave. They will have to go through their own government procedures and votes and all of that. The confidence in the Euro will take a hit though.
Everything is ok now, because Senator Sanders is going to get congress to bail out Greece. Well if Bernie Sanders says it's right then it must be. Where do I make the check out to? |
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He'll probably be pissed when he gets home and sees flour and food prints all over his keyboard from the bitch leaving the kitchen to post on reddit.  |
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I did see this: https://billpayforcoins.com/A Bitcoin Bill Pay service but I think their 3% fee is a bit steep. But it might be useful for someone. Update on this site: 1.99% Service Fee ($2.49 minimum; $75 maximum) |
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Yes. From the looks of it the trust that was left you is invalid. You were left negative trust because you deleted a comment of his that he felt was valid and not spammy. Normally this would be scammy behavior however it was a thread in the speculation section and the thread has nothing to do with you conducting any kind of business.
Since the trust system is not moderated you will need to work with Rawted to see if he is willing to remove it. If he will not then you should try to get CanaryInTheMine to remove Rawted from his trust list.
Interesting. Meh, no big deal. |
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Even if Greece leaves the EU it won't be an immediate domino affect, it's not like other countries will see it the next day and decide to leave. They will have to go through their own government procedures and votes and all of that. The confidence in the Euro will take a hit though.
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I keep looking up at the date of the OP and am baffled that the thread is from 2015, I was thinking it was 2014 or 2013 asking if anyone is using Bitcoin for every day purchases. I get paid in Bitcoin and use it all the time. If you buy something online there's no reason you should be pulling out a credit card if you have bitcoins. Here are some useful day to day sites for spending bitcoins. https://bitcointalk.org/index.php?topic=943143.0 |
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I deleted someone's off topic post in a self-moderated thread and he gives me a negative trust rating. Isn't that rating for people who exchange goods or something?
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Homeland Security is just yet another task force for the Drug War. The people working there now will just move to the DEA.
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Sort of like an uber for warehousing and distribution? Sort of makes sense if you think about it in a disruptive innovative way. The only factor I see being an issue (which is the same as uber faces as well) is trust and availability. The person providing the service needs to have some stake in the game though so that the 1000 iphones get to where they need to get to.
Yes, trust is an issue for OpenBazaar too. They are working to address that with a decentralized WoT type of setup. The guy with the 1000 iPhones would likely either be paid per shipment (a handling fee) or get a cut from the retailer of each sale. The investors do the least amount of work but get the most reward precisely because of that risk. The lower the risk, the lower the return, and the distributor would likely get more money for lowering that risk. It would be great if distribution was wide enough and organic enough that you could have next day delivery from source to the door for many things including food from the farm. |
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We had no department of Homeland Security less than 20 years ago. It will not be missed.
There were fewer radicals 20 years ago. Every decade has its radicals.  |
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We had no department of Homeland Security less than 20 years ago. It will not be missed.
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