[kylebenzle]

Only if you consider cryptocurrency "cash". Otherwise, plenty of people are already living exclusively on bitcoin today with many benefits and few of the scare mongering issues. I can't imagine the masses are still 2 whole generations from catching up, I'd think about 10 years would be enough.

[dpark]

> Otherwise, plenty of people are already living exclusively on bitcoin today

Citation needed? This seems hard to believe unless "plenty of people" is in the ballpark of maybe a dozen.

[jimmywanger]

Isn't bitcoin limited to 10 transactions a second, roughly?

We're hitting some real limitations with cryptocurrency, if the second gen ones are better, good on them, let me know.

If I'm trying to pay for breakfast in a jook shop in Hong Kong, you better believe that it's going to be cash, not something the shop owner has to get online to accept.

[ChoHag]

Bitcoin has exactly the same problems as any other cashless interaction.

It's where my money is, but it's not the next cash.