Thought it was time we had a frank discussion about what Bitcoin and the altcoins, are good for!
If we want bitcoin to grow and find a mainstream use, it needs to be highlighted as being better for something than any other way of doing it.
For instance, if I want to buy something on line, I can use bitcoin, or paypal or even a credit card over email, but each method has its own strengths and weaknesses. What we need is a list of services that bitcoin can do, where its strengths outweigh the strengths of other methods in doing the same thing.
The problem so far is that the only thing that bitcoin is fantastic for is to buy and sell outside society!
You can buy drugs and other illegal services and you are not going to get traced.
We need some other services in here where bitcoin not only shines, but the service is wholesome and a benefit to society!
The only thing I can think of is to fund an on-line business in Central Africa!
What do you think?