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08:19 PM
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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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[quote:Anonymous Coward 77344644:MV80MTE1MTU2Xzc0Njc5NTQwXzM1MDIzMzlF] BTC was around before the exchanges. People were buying and selling with cash through the mail. [/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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