eBay Suspended & PayPal Limited Forums - Is Bitcoin the Future of Money?

Better improve. Not sure anyone wants a currency that's:

Volatile, deflationary, expensive, slow, complicated, no chargebacks and bad for the environment.

If you were trying to design the worst possible currency then Bitcoin would definitely be a contender.

@NasterXchange

09-05-2018 09:21 AM

Re: Is Bitcoin the Future of Money?

Quote:

Originally Posted by dan_ebay (Post 941783)

Well everyone has his faith and own belief.
Just like religion, while some believe that there is someone invisible above us, other don't believe. But most important for both parties is to coexist in peace.
Isn't?

JamesNorth101

09-05-2018 09:35 AM

Re: Is Bitcoin the Future of Money?

Quote:

Originally Posted by dan_ebay (Post 941783)

Volatile, deflationary, expensive, slow, complicated, no chargebacks and bad for the environment.

If you were trying to design the worst possible currency then Bitcoin would definitely be a contender.

It’s not all that expensive

It does fluctuate a lot in value though

Complained? No more complicated than PayPal

No chargeback is why a lot of people love it

As for bad for the environment. So is hard currency and a lot of other things

dan_ebay

09-05-2018 09:41 AM

Re: Is Bitcoin the Future of Money?

Quote:

Originally Posted by JamesNorth101 (Post 941799)

Expensive for small transactions which is what you'd need for it to be a viable currency, would be very expensive if it gained any sort of real adoption.

More complicated in my opinion, mess up one digit and bye money. Mess up on paypal and they'll probably sort it out for you.

Customers won't love no chargebacks which is why paypal is so popular, no good sellers liking it if no customers do.

Uses about 200 kwh per transaction, printing more is probably more like 0.0002 kwh.

JamesNorth101

09-05-2018 10:14 AM

Re: Is Bitcoin the Future of Money?

It you enter a single digit won’t the funds won’t send. BTC address follow an algorithm. You cannot just change one digit and the check digits all still work. When the check digits don’t match the transfer fails

rsot	09-14-2018 10:10 PM

Re: Is Bitcoin the Future of Money?

Quote:

Originally Posted by JamesNorth101 (Post 941817)

What's empirestate saying on this matter?

SaiJin

09-14-2018 11:44 PM

Re: Is Bitcoin the Future of Money?

So what would be the easiest and safest way for us to receive money? BTC? Moneypack?

@NasterXchange

09-15-2018 02:39 AM

Re: Is Bitcoin the Future of Money?

Quote:

Originally Posted by SaiJin (Post 943861)

So what would be the easiest and safest way for us to receive money? BTC? Moneypack?

really not easy to answer.
It depends on the kind of business you are doing and the type of customers you have, I would say.

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