While I agree with you I also think that moving to a cashless society will greatly reduce the amount of fiat that does exist. I've see recently were Canada is planning to greatly reduce the printing of more bills. Also, the US is approaching the 50/50 point of cash vs electronic transactions.

To the OP. Most likely will mean NOTHING at all. Find some other issue to worry about.

If faucets are what it takes for BTC to survive, thrive and go mainstream that is all the reason one would need to dump their holdings and forget about BTC.

Not a chance. You and others need to stop making such claims.

To get 10,000 to 1,000,000 in even 15 years it would need to double about 6 or 7 times. That is once every 2 years. That is about 35% per year.

You post is a bunch of crap.

So you have a problem with a truthful post that happens to be negative? I can only guess you would not have a problem with a less than truthful post as long as it is positive?

NO. The new people will be told to invest in trading, gambling, cloud mining, waste time at faucets, and even Ponzi schemes.

That is simply not true. There is not a single monthly bill I can pay with BTC There is not a single grocery store I can use BTC for to buy food. None of my credit cards accept BTC. I know of no, that is zero, brick and mortar stores, that I know of that accept BTC. There are no gas stations that I can use BTC to fuel my car.

Literally. And I live in one of the 10 largest US cities.
 

 

What major credit cards take BTC?

Where can you plan and pay for a trip with BTC?

I don't see that part working. There is nothing convenient to spend it on, nothing I want or need can easily be found and purchased with BTC. Why would I convert to BTC to go out and spend after great deal of time searching for some place to accept it?

And it seems that the vast majority of holders, if these forums are any indication, simple are holding and waiting for some huge price increase. Why would the price rise when very little is being used as a currency?

Note to Africans: Please ignore this advice. It is terrible advice.

Well, that is simply not true. Look at how many threads there are counting the number of BTC lost forever,

So, good try, but no.

Why is that? Why go out, take the time, fight traffic, etc when I can  buy online? Why do this when I shop online for actual products as much as I can?

Yes, why wouldn't I? 99.99% percent of what I use Paypal for BTC can not be used.

You don't think BTC is a replacement for PP, do you?

Wrong, wrong and wrong.
Strong password is of no help when you lose you wallet for whatever reason. The OP is about losing passwords and wallets.

Many people use CC and PP everyday who would not be able to handle bitcoin.

I see you ignored those who want to use BTC but don't own computers of whatever kind. I see talk around here about having every person alive using BTC, ending poverty because of BTC, etc. and you just blew off what half, or more, of the people on earth.



[/quote]

Just use strong password and you have the first step taken care of. If you know how to use bitcoin and stay safe, it really is the best thing, and if you can't,
then that means you wouldnt be better even with cc's and pp anyways.
In regards to people that dont own computers - they prolly have smartphone atleast, and if not, then they are irrelevant to bitcoin world imo.
[/quote]

Not sure this is a solvable problem.

With the move away from desktops, to laptops, to tablets, to phones (that are easy to lose, have stolen, break, trade in every 2 years) etc. the average person has no chance. And, what about users who do not even own a computer and must use internet cafe, How are they to keep a secure wallet?

This is one reason why I LOL when others post on these forums that BTC is the simplest, easiest to use, safest, most secure thing going. All that more than credit cards, debit cards, banks, Paypal, etc.

I like to pay bills while staying at home.

But two things. First, paying by BTC would have zero advantage for me. There is no, reason because of the additional cost for one, to acquire BTC to pay bills. Second, nobody that I pay bills to accepts BTC.

By the way, I will not go out and pay some third party, and their fees, so that they can then pay the bill with BTC. Oh, and the technology already exists to do this. So, it would not be new technology.

Otherwise, great question. Not.

talking without any proof is easy. you can say anything you like but that doesn't make any of it true.

Is that a joke? There is no way to buy what one needs or wants with BTC without jumping through a bunch of expensive, unnecessary hoops. Nothing. It is almost impossible to spend BTC as easy as fiat. Face it, that is the truth.
 
 

I don't know, there are very few places where you can actually spend/use it. Seems most are just holding it thinking they will get rich in a few days. Almost all post on this board is nothing but spam for sig/post count.

There are entire threads counting up the thousands of BTC lost forever. I could go on.

What is it about BTC that makes it a winner?