block rewards will get smaller, and the required TX fee will get larger.
guess you didnt catch that news about double spends?
Maybe when there is no more coin being generated, then I'll agree that TX fees must go up. We are a long way from there. It's still drastically better than credit card fees.
correct but Credit Cards are accepted everywhere.
LOL
Bitcoin is so young I don't know what you are expecting. Oh wait yes I do - Troll confirmed.
Im just reasoning through your failed arguments. But 'troll' seems to be the standard response of someone who doesn't have anything useful to contribute. As it currently stands, Bitcoin is not really used for any significant commerce. People like yourself who insist that it can be used for such typically dont have any experience or credibility in this subject matter.
In my view, Bitcoin could be used for most commercial functions but you would need to add a lot more, which will invariably increase the costs associated with it's use. What youre left with in the end is a very expensive Paypal that does a lot of SHA-256 hashing. Usually, these kind of oversights have a way of working themselves out, but there's a lot of people who bought a ticket on this ship and theyre not going to let it sink now.
just to give another example, I've done a few consulting assignments where I agreed to be paid in Bitcoin. It was unbelievably complex, unwieldy, if not expensive. These simple facts of Bitcoin's usability doesn't seem to deter a certain core of Bitcoin users. Practically all of this core of bitcoin users are youngish whiteish males.
