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by jiggunjer 3121 days ago
You must not have any experience with international transfers or currencies other than euro and USD.
2 comments

Indeed I don't. Nor do most other people. That's one of the reasons why, to first approximation, zero people are using them. And even if lots more people suddenly begin needing to transfer non-reserve currencies internationally, these transfers are going to run into legal issues which, despite fantasies of bitcoin enthusiasts, are not going to be evaded just by putting "crypto" in a prefix.
Your claims are fallacious. Most people, i.e. 51%+ don't use USD or EUR. Many people also make international transfers. There is a use-case and your observations that zero people use btc are anecdotal at best.

Pray tell what kind of legal issues would suddenly arise if it became mainstream.

Trouble is it's still not mainstream enough for everyone to start accepting it as a form of payment but that will change with time. For instance visit amazonbitcoin.com and see what happens!
Sure, I can buy some btc and go buy something with it in some places. But where is my incentive to do that, rather than just go use my credit card or an ACH transfer? Btc is not more convenient, it's not cheaper, and whatever gain in privacy there currently is will not survive a transition to mainstream usage...although the first two problems ensure that there never will be mainstream usage.