Spinning a lack of reversible transactions as being a "Benefit" is disingenuous because there is real demand for them. You're can't always do business with trusted merchants like Amazon, especially internationally.
The point for #3 is that "How can I use these bitcoins I've been gifted?" is not a real problem for the majority of people. It's a solution to a problem that many don't have.
I'm glad you found my story cute, but fail to see how pointing out imperfections in credit card insurance policies is supporting bitcoin, because bitcoin doesn't fill those imperfections. In fact, even with imperfections, using credit cards are still better than getting my account hacked on a bitcoin exchange.
Bitcoin transactions are also not immediate as you say they are. The entire world's supply of bitcoin is limited to 2.7 transactions a second, meaning if 10 million people used bitcoin, they would only be able to do 1 transaction every 43 days [1].
I'm not even going to go into why you would compare Mt. Gox to Madoff. Madoff is an uninsured investor and in prison, Mt. Gox is an exchange and the thieves are where?
[1](https://bitcointalk.org/index.php?topic=941331.msg10360199#m...)
The point for #3 is that "How can I use these bitcoins I've been gifted?" is not a real problem for the majority of people. It's a solution to a problem that many don't have.
I'm glad you found my story cute, but fail to see how pointing out imperfections in credit card insurance policies is supporting bitcoin, because bitcoin doesn't fill those imperfections. In fact, even with imperfections, using credit cards are still better than getting my account hacked on a bitcoin exchange.
Bitcoin transactions are also not immediate as you say they are. The entire world's supply of bitcoin is limited to 2.7 transactions a second, meaning if 10 million people used bitcoin, they would only be able to do 1 transaction every 43 days [1].
I'm not even going to go into why you would compare Mt. Gox to Madoff. Madoff is an uninsured investor and in prison, Mt. Gox is an exchange and the thieves are where?
[1](https://bitcointalk.org/index.php?topic=941331.msg10360199#m...)