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A comment on Why Bitcoin Matters. Parent comment

Re:Why Bitcoin Matters by atmosx on Tuesday January 21, 2014 @04:12PM (#7098414)
> Bitcoin isn't free, but it's far, far, cheaper than credit cards, and gives far less money to banks.

You're not listening: BitCoin is WAY more EXPENSIVE than a credit card TODAY.

* People know how credit cards work * Everybody accepts credit cards

You are comparing a payment medium with an asset/currency/payment-method/protocol. It's not a fair comparison (for BTC) because it's a really awesome technology which could evolve in many different things.

BUT saying that BTC is cheaper/easier than using a credit card TODAY is a simply not TRUE.

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Re:Why Bitcoin Matters by lectrick on Tuesday January 21, 2014 @05:30PM (#7099057)
Kids can't use credit cards online, but they can use Bitcoins.

Third world folks with cellphones can't use credit cards (and likely don't have banks)... but they can use Bitcoins.

The uncredited can't use credit cards... you know the drill.

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Re:Why Bitcoin Matters by seabee on Tuesday January 21, 2014 @06:32PM (#7099457)
In some countries you can get prepaid credit cards to cover #1 and #3, though the additional fees probably make it costlier than by using Bitcoin.
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