[mbmott]

Bitcoin's utility is being a global currency.

Like I said, Bitcoin will scale like the internet scaled which is in direct proportion to demand. Blocks aren't often full and if you are in a hurry then you need to pay 10 or 20 cents to prioritize your transaction.

[aliakhtar]

There is already a global currency which works great: USD. I live in Pakistan, and I regularly pay my AWS bill, IDE subscription, Netflix, VPN, and a lot of other things with USD.

[solotronics]

The fee is currently 6 cents.

One interesting thing is there is an optimal fee based on the size of the block of transactions.

https://bitcoinfees.21.co/#delay

[rhino369]

>Bitcoin's utility is being a global currency.

But it's hard to get and hard to use. It's useful for a pseudo-anonymous transfer for value.

Unless I'm doing something illegal, Visa is a better option.

[Rmilb]

That's very true, Bitcoin doesn't solve many problems for people with access to credit banking. However, billions of people don't have access to Visa or a bank account. They only need a phone to send payments internationally.

[rhino369]

Those people don't have access to bitcoin either.

[Shorel]

I use both. I use also MasterCard. And dollars and pesos and euros.

There's always one situation where one currency is more convenient than the others.

Is this attitude a remnant of the religious wars in Europe?

There can be only one?