Quick point.
Bitcoin is useful. Just not adapted. I bought my first coin around a two years ago. Back then most You could get for it was some cheap hosting, vpn or ... pizza. Then came the "bubble" and waterfall of companies looking into BTC, trying to put it into their business model. I say, they made it! Now when i see option to pay in BTC i do. Why? A year ago paying in BTC was risky business, You were paying 100$ for something one day, and next day You were waking up in world where price went up and what You paid was not 100$ anymore but 200$. Today, as price seems to be more stable i pay in BTC almost every time i have occasion. True, it still can go up to 10k usd (maybe in decade boys
) but it will not happen overnight. But a lot changed in those two years, we have big and small companies adapting BTC (even when it is out of curiosity or defined by competitors action) and as i browse reedit channel "Buttcoin" (they do
great job when it comes to counter-force for "bubble madness") which pretty much criticize everything related to bitcoin i tend to laugh more from their hatred than, as i used to, from bitcoin community itself (which still can get pretty much entertaining)
Why?
Two years ago You could only buy geek stuff, often discounted for 5 to 10% but still ... geek stuff. Today i can buy almost everything, almost every site i am using is accepting bitcoin. And often this is much more cheaper, much more faster and much more easier than paying by credit card or paypal. Let me give You an example. Not so long ago i was looking for some advertisement-related service on web, i found it, unfortunately only way of payment was by credit card. I also have those, not yet thrown to dumpster, so i typed it in and happily waited for my service to activate. It did! After 3 days, it took 3 days to charge my CC for foreign company, also bank needed to call me about this transaction which was "suspicious" (it was not eur/usd, so it was suspicious)! Add to that that i payed fee for currency exchange (which was around 8% of whole amount!) and in the end i've ended up waiting 3 days and paying +8% to my original service fee (yes, to visa). Moreover, if You think about it, i also needed to put my CC (i don't use my "named" card for that, but prepaid. let's say for sake of the point that it was my normal credit card with personal bank account connected to it) which ended up in database of this company (judging that i was not redirect to any payment gateway, but even if i would ...). So, in the end i waited more than i needed to, payed more than i expected too, and now i don't even know if they at least encrypted my credit card data or it's laying on their servers in clear-text waiting to be picked up be teenagers from Russia (they tend to have at least +5 attack points when it comes to f**king up fully-secured-audit-enchanced services)
Few days after i found exactly the same service but with ability to pay in BTC. It was activated after 1 confirmation (5-10 minutes), i payed 5% (discount) less than expected, and i did not need to give away ANY of my personal details.
So please guys, we don't live in 2012/2013 anymore and You are not sixteen anymore too. Start acting on it. Bitcoin is many things, but in first place it's designed to PAY FOR THINGS. Not to "speculate" (there is not much speculation anymore if You don't "bigger" amount of money) as time of easy money and riding on wave of stupidity connected with blind greed ended. As for "development" it's natural for any technology, with bitcoin we got blockchain, and as You can see, even in last days, it definitely picked up.
Oh, i ended up with pretty much wall of text.
