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by GFK_of_xmaspast 4502 days ago
"it was actually easier than typing in my credit card information"

What about if you amortize over the time it takes to set up your bitcoin wallet, etcetcetc. (and to be fair, it takes time to set up a credit card, but there's also a much larger set of purchases to amortize over).

1 comments

I setup my bitcoin wallet in the early days when there was much less infrastructure, and back then it took a while! However, a few months ago I tried a peer-to-peer bitcoin website and I was surprised at how quick it was. I think went from sign-up to bitcoins in my account within about 15 minutes (+ confirmation time).

There's still a significant learning cost, of course, but I'm encouraged by how much better the infrastructure around Bitcoin is compared to just a few years ago. The infrastructure looks pretty professional now, and the security practices are noticeably better (though that isn't exactly hard, considering how insecure the earliest services were!)