But so little of that is exclusive to BTC as opposed to a digital transaction valued in national currency, and almost none of the benefits you list accrue to consumers - they all benefit merchants.
- Getting rid of charge back fraud also gets rid of charge backs - an important consumer protection.
- I don't need 10 currencies I'd be comfortable holding, but any of these - http://fxtrade.oanda.com/analysis/currency-volatility have far lower volatility than BTC.
- Bankless people need banks, not cryptocurrencies. There's no difference to a bankless person between a mobile app to an online bank and a bitcoin gateway.
- My credit card pays me back a chunk of that "1-3% tax on everything," my bitcoin wallet doesn't. Until bitcoin gains market share and the tax goes away, I'm just paying more to use bitcoin.
- My credit card company provides fraud protection for when my card is stolen, my BTC wallet does not.
Looking to the future doesn't make me want to transact in BTC right now.
- Getting rid of charge back fraud also gets rid of charge backs - an important consumer protection.
- I don't need 10 currencies I'd be comfortable holding, but any of these - http://fxtrade.oanda.com/analysis/currency-volatility have far lower volatility than BTC.
- Bankless people need banks, not cryptocurrencies. There's no difference to a bankless person between a mobile app to an online bank and a bitcoin gateway.
- My credit card pays me back a chunk of that "1-3% tax on everything," my bitcoin wallet doesn't. Until bitcoin gains market share and the tax goes away, I'm just paying more to use bitcoin.
- My credit card company provides fraud protection for when my card is stolen, my BTC wallet does not.
Looking to the future doesn't make me want to transact in BTC right now.