A Prediction: Bitcoin Is Doomed to Fail

Re:A Prediction: Bitcoin Is Doomed to Fail by dinkumthinkum on Wednesday November 27, 2013 @06:07PM (#6811835)

Or I can use actual money and forget all this nonsense ... Which do I choose?

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Re:A Prediction: Bitcoin Is Doomed to Fail by v13inc on Wednesday November 27, 2013 @07:00PM (#6812151)

What about credit cards? Chargebacks are quite common.

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Re:A Prediction: Bitcoin Is Doomed to Fail by ceol on Wednesday November 27, 2013 @11:13PM (#6812978)

Credit cards are not a feature of a currency. You could just have credit cards that keep debt in BTC instead of USD.

The point of the person you're replying to is that, for 99.999999% of businesses, there is no benefit to using BTC. It doesn't offer the buyer any protection, it's extremely volatile, and it would require an overhaul of the entire economy's infrastructure to implement in any meaningful way.

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