It's very easy. It happens all the time. You leave a will in a sealed envelope at a lawyer, with instructions regarding your BTC in it.
You may also rent a safety box in a Swiss bank to store (to hide) an USB key.

Another fake news. Apple or Mercedes do not accept BTC. Mercedes has acquired an electronic payment company, Paycash, but this company has never dealt with BTC. Apple has Applepay, they will never support BTC.

Pour vendre des voitures avec paiement en BTC.
Ecrire PM s'il vous plait.

If it's not a large sum, I guess you could do it in some casinos. You go there with a cashier's check, and they will give you chips. You spend an hour or two looking at the people playing, then you leave, asking to exchange your chips to cash. It's been done before. That's not money laundering, that's money darkening.

Well, without direct interference, without anyone pointing a gun to the head of some lead BTC Core developer, there may be some kind of influence already.

The CIA, Russia or Iran may already own (or control) a pool of miners which support, or doesn't support, SegWit.
And some Chinese miners supporting BU may be under the control of the Chinese government.

We don't know, actually, but everything's possible.

Avoiding inheritance tax in the countries where there's one is a major reason to get BTC. Besides avoiding tax, it also gives you more control of who gets what. Inheritance is most father parents to children, but there are plenty of cases where there are no children, or family disputes where parents want to give part of their wealth to some third party. Your wallet in the trusted hands of a well-known Swiss lawyer would fix all that.

It's not so easy. BTC are easy to get for migrants in Europe, but it's difficult and expensive for their relatives in Somalia or Chad to convert those BTC into local currency.

@shield132
Read my words. European SEPA transfers aren't supposed to be in US$. There are also differences between banks for the poor, and banks for the rich. In the latter, there is no limit to the money you can withdraw or transfer. My suggestion is not to have a bank account in the country you live, that's what I've been doing for years.


Yes, I was thinking about privacy, as there's no double check with BTC. So some people may not like it.
Regarding business accounts, they're all different with fees for everything. I guess that's how banks make the most of their income. They're cheap to individuals but expensive for businesses.

Some more details for non Europeans.

SEPA transfers are between countries from the UE (UK included) and Switzerland. I'm sure all large banks offer free transfers for individuals, when ordered online. There's only a fee if you make a transfer at the counter. I know I have to keep a minimum balance and that I must have a regular income, but requirements are low. Just below minimum wage I believe.

Also, the bank makes safety checks. I remember a substantial transfer to Spain (where I'm not living), and my bank called me to check it was really me who issued it. That could be a reason to favor BTC.

Oh, yes. This topic is just a wake-up call. I understand BTC's still in the works, but the scalability problem is taking way too long to fix, and segwit doesn't seem to be going anywhere. Rate of adoption has stalled, so I don't know what's next but ever rising fees do not look like a smart solution.

Something better must be done.

No!

I don't want to pay tax, as I want the destruction of all countries. About 40 million people in Europe are on benefits, if there were no governments to pay them, they would all die and Europe would be a far nicer place. Only the best shall survive. Countries are corrupting natural order, so I don't want to pay tax to destroy all countries and restore natural order. BTC will help towards that goal.

Just a reminder.

From my European bank account, I can make a SEPA transfer to any other European bank account for free. No fee. Nothing to pay. It normally takes one and a half business day so BTC is faster, way faster, but that's not always the case because of the congestion. That used to be exceptional but it's getting the norm. The only way out is a higher fee, which makes BTC less appealing.

Sure, BTC remains the best option for extra-European transfers, and BTC still has the advantage of privacy by being difficult to link to one individual, but all miners and developers shall never forget there's competition out there. Banks, Paypal, Skrill... If BTC wants to be the best, it really needs to be the best.

All BTC wallets are totally exempt from KYC regulations. It is exchanges which are regulated. If you buy and sell BTC with other individuals, that also comes without any kind of KYC regulation.

NO!

There will always be a need to talk with others. Even Trump understands that. He shall also understand that without the US, the leading countries at the UN would be Russia and China, which have their own interests, very frequently much different from those of the US.

I voted No. I would have liked to vote Yes, but BTC needs major improvements before it can compete with Paypal. My last transaction took more than 26 hours to confirm, and there are still thousands waiting. Maybe after SegWit, I'll vote Yes.

It seems to be over, with unconfirmed transactions down to 37,000 but it remains scary. I don't know who made that mess, and I hope someone will be able to identify him, but it's hard not be impressed. I mean the network has been spammed for some 48 hours! BTC has enemies and they aren't a lone, bored teenager. It takes significant means to send so much spam. I hope core developers will find solutions to prevent this in the future.

Guys! Please, stop dreaming.

BTC needs to work before skyrocketing. My last transaction took 26 hours to confirm, and there are more than 50,000 unconfirmed transactions in the cooking. BTC can only go down till those problems are fixed.

Thanks for that link.
 
I'm afraid this is now needed. It will make BTC less convenient, but from now on, before making any transaction, we will have to check the state of the network, and pay a higher fee if needed. This is really bad news. We will now have fees going up or down with the time of the day, the day of the week, or a sales period, whereas SEPA transfers are free for most Europeans like me.

Some good news, though, my transaction finally went through after 26 hours. More than a day! BTC needs to be much improved if it wants to be successful.

Thanks for info. I used for it for a long time, but I changed when the blockchain passed over 50 Go.
I'm now with Electrum, which has a feature to tell when the confirmation time will be, but only after a transaction is signed. It says 25 blocks for my last transaction. Not very useful...

I still have one unconfirmed transaction, after 16 hours, and that's a bad surprise, because I had made another transaction which went through in 4 minutes, just one hour earlier.

It is shockingly easy to spam the network. I would have been happy to use a larger fee if I had known something bad was about to happen. Maybe we should add a "unconfirmed transactions backlog checker" on clients to warn us about the state of the network, and invite us to use a larger fee.