Users Online Now:
1,456
(
Who's On?
)
Visitors Today:
412,635
Pageviews Today:
542,568
Threads Today:
175
Posts Today:
2,319
04:45 AM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 76405746:MV80MTE1MTU2Xzc0Njc5MDM5XzU1NERGMTY=] Most people simply don't feel safe using exchanges(even Coinbase) to buy and sell bitcoins. Fact! There are very few ways to cheaply and safely convert bitcoins into fiat money. So yeah, bitcoin will survive, much like the Dark Web has survived. But, very few people will use it. [b] EXCEPT FOR CORPORATE AND GOVERNMENT SHADOW TRANSACTIONS.[/b] But, those are very quick and bitcoins are only held for a few minutes at most. [/quote]
Original Message
Yes there will be a few Anarchist traders in bitcoin, illegal money launderers and some bitcoin fanatics, but bitcoin will never be very popular with the general public.
Why? Because it is getting difficult for people to feel safe converting their fiat currencies into and out of bitcoins through online BTC Exchanges.
Governments around the world understand that if they can control the changes, they can effectively kill bitcoin.
And that is what is happening today.
Almost every single bank credit card has now been blocked from using BTC Exchange sites. No Paypal, no longer bank transfers to most banks and government blacklisting for using exchanges is growing.
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>