Except for the fact that nobody in their right mind should be buying Bitcoin with the intent of using it to buy goods and services (with the possible sole exemption of goods and services you hope to attain over the internet anonymously).
Not only is there no real advantage to buying anything else with Bitcoin versus a credit card, but the downsides are astronomical: forgetting a password, getting a virus, or keeping your currency on an exchange gets hacked can result in irrevocably losing every Bitcoin you own.
As someone who is bullish on cryptocurrencies, I don't understand how anyone can think that their properties are suitable for use as a form of money by the general public.
Not only is there no real advantage to buying anything else with Bitcoin versus a credit card, but the downsides are astronomical: forgetting a password, getting a virus, or keeping your currency on an exchange gets hacked can result in irrevocably losing every Bitcoin you own.
As someone who is bullish on cryptocurrencies, I don't understand how anyone can think that their properties are suitable for use as a form of money by the general public.