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Originally Posted by adultmobile
In fact banks and credit cards do not want easy interfacing with cryptocurrencies to happen anytime! Since it would cannibalize the banks and credit cards profit on transfer fees. Banks providing easy interface with bitcoin it is as unlikely to happen, as adult pay sites putting links to tubes and piracy forums in join page: dear user, choice if pay fees to us, or get the same for free.
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This is correct, which is why Bitcoin will not gain widespread acceptance.
Quote:
Originally Posted by halfpint
There is way more illegal use with banks, paypal, credit cards/ debit cards than what there is with bitcoin. The governments cant even control this correctly. The amounts of money which is stolen or laundered or used for other illegal activities is staggering compared to how many they actully catch.
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I'm not debating that illegal things are done with traditional transactional systems, what I am trying to point out is that Bitcoin will remain simply a novelty and will not gain widespread acceptance.
This thread began by mentioning a pseudo anonymous torrent download site with Bitcoin payments enabled. The site is Alexa 4 million and get's less traffic than many failed adult webmaster blogs. The site received extensive publicity in March and despite that nobody has flocked to use it.
If every file locker moved to Bitcoin tomorrow they would all be bankrupt by the end of the month.