The only way this is even remotely possible: Federal Reserve Bank printing a centralized, fiat currency.
The REAL cost of the military budget is much, much higher: Pentagon cannot account for 6.5 trillion $
When we completely decentralize this bitch - the days of 610 billion dollar military budgets will be gone.
Stop spending USD and shop with cryptocurrency: Indeed, the store may turn their BTC back into fiat, but why the hell would they? BTC has been the number one performing currency for over 2 years now.
BTC transaction fees are too high and confirmations too unreliable right now thanks to blockstream and the core devs preventing scaling on chain. I get paid cash back to use my Discover why would I pay a high fee to make a purchase? As much as I liked the concept of bitcoin it's been twisted into a for the rich currency as of right now.
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I did not think that BTC payments (via BitPay for example) were higher than credit cards... also, if confirmations were unreliable, how exactly could bitpay and coinbase even operate with the retail sector? I do not think your outlook is entirely accurate.
'bitcoin it's been twisted into a for the rich currency as of right now' ??? anyone can buy bitcoin - I personally change my entire salary into BTC every paycheck and am not rich.
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If you want a priority transaction (making it in the next 6 blocks) it's about 12 cents right now and has been a lot higher recently. I pay no fee to use my credit card at all and get cash back. I have a 0 annual fee card and carry no balance so pay no interest. They pay me on every purchase I make even. I recnently had to wait over 2 1/2 hours for a high priority transaction. I also had to pay 0.00723805 BTC in fees to move money from my wallet to cold storage to get a confirmation within 18 blocks. I don't have to pay to move money from my front pocket to the safe with fiat or wait nearly 3 hours. I used to pay an almost 0 fee to do the same thing only a year ago.
Limited block size has crippled bitcoin and taken the ability for the masses and unbaked to use bitcoin. Those were the people it was crated to help. Tell someone that is making less than $1 a day to pay a 25 cent fee to buy food.
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While you praise fiat for being so cheap - how cheap has it really been in the grand scheme- where do the costs of a degraded society due to wasted money via the centralized system come into your equation... how much have you lost due to inflation alone?
BitPay accepts other cryptos now, and all of your arguments against using cryptos in general bcs btc sucks may not exactly be valid. I will follow this up with an article on the ongoing acceptance of other cryptos for shopping - maybe we can spot the best one to use together?
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