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I will buy a member account (60 activity or higher).
I am buying $75 BTC (current preev rate as of August 9: 0.1272) for $77 PayPal.
I will exchange my 95 Paypal for bitcoin at preev rate.
Right now I wouldn't even dream of paying with Bitcoin for anything but large transactions online.
There is no simple way to pay with bitcoins for a $4 purchase at a convenience store.
Confirmations need to be quicker as well.
I've shoplifted smaller items in the past than $3...
When there are real uses for bitcoin I think it will finally stabilize.
Bitcoin needs to have an easier time in the real world or else it will remain confined to a small portion of the population.
My proposal for this is to have an option (default value: true) on each transaction to get the geolocation of each IP (Country only) and put that in the txn hash.
What is the factor that would speed up time for a single transaction to get a single confirmation