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08:49 AM
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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!
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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 77909960:MV80MTE1MTU2Xzc0Njc5Mzk3XzFBNDVBNEMy] [quote:Anonymous Coward 76405746:MV80MTE1MTU2Xzc0Njc5MzI0XzYwQjgyQ0Iz] [quote:Anonymous Coward 74950944:MV80MTE1MTU2Xzc0Njc5MjY5XzdCQTdGRjNE] [quote:Anonymous Coward 76405746:MV80MTE1MTU2Xzc0Njc5MDQzX0FBQzBBMENG] [quote:Anonymous Coward 74950944:MV80MTE1MTU2Xzc0Njc4OTk5XzQ4RDY2Qjc2] no. they have decentralized dexs now. [/quote] [b]Explain.[/b] [/quote] decentralized exchanges (DEXs).. your coins never leave your hardware wallet until you make the trade. here is one: https://idex.market/eth/idex [/quote] Listen!!! It doesn't matter WHERE the exchange is! What matters is HOW you turn fiat money into BTC and visa-versa. If you can't use or don't feel safe using your credit card at these decentralized exchanges, how do you buy or sell the BTCs? [/quote] Earn your btc, sell your dollars, don't go back to dollars except taxes. That's all dollars are good for. Taxes. Problem solved. You don't need dollars, credit cards, debit cards, paper checks, cash, coin, bank fees, bankers, wire fees, origination fees, drop the middle man. You sound like someone arguing that online retail will never catch on circa 1999 [/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.
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