> You find a seller who is willing to accept the currency you're using
Well that's a non-starter. If I wanted to buy a beer with bitcoin right now, I'd probably end up drinking tap water.
Well that's a non-starter. If I wanted to buy a beer with bitcoin right now, I'd probably end up drinking tap water.
but I think you do. You find a seller who is willing to accept the currency you're using, and you use whatever interface to the bitcoin network you've chosen to do "send x money to y identifier". No different to a regular EFT.
You identified the exact problems. It's not that bitcoin transfers are some weird foreign concept, it's that they take forever, have high fees and aren't accepted universally.
The major users of bitcoin as an actual currency rather than a speculative vehicle are places that can't use the more convenient forms of currency. Guaranteed they'd rather use USD if they could.