[danielmg]

It will never be used as a general currency by the man on the street.

For example in the UK we have Direct Debits which are backed by the DD Guarantee. If a DD is wrong or fraudulent the bank must refund you without question and they initiate a DDIC (indemnity claim) against the creditor bank. This could not happen with Bitcoin.

Same for problems such as push-payment fraud - they are rolling out confirmation of payee to try to tackle this. How could Bitcoin be a viable payment method in it's current form when addresses are anonymous (in the context of PPF)?

[dadoge]

UK is way better off than El Salvador.

70% if people in ES don’t have a bank acct.

50% have internet.

Take a look at the Bitcoin beach experiment

https://apnews.com/article/caribbean-el-salvador-bitcoin-lif...