Quote:
Originally Posted by jscott
When you have usd in coinbase/gemini also is transferred to bank at no cost to you
and what are these hoops again please? specifiy
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99.9% of all customers do not have bitcoin...they have paypal and credit card...
focus now...
they HAVE PP and CC but not bitcoin <---what they dont have
bitcoin...the extra hoop that brings no advantage whatsoever to the customer, but makes them jump through an extra hoop <----(funding bitcoin)
normal transaction:
click on pay...
(1 step)
bitcoin transaction
fund account
click on pay
(notice the 2 steps instead of 1)
do you get it now? normal people, 99.9999% of them, do not use bitcoin as a storage of value...they use regular money...they already have funded CC and Paypal linked to it...get it?