Quote:
Originally Posted by holograph
history isn't repeating here because bitcoin is nothing like egold/webmoney/liberty reserve. egold and LR went under for their own specific reasons, not because they were simply a "digital currency".
curious, who just started accepting WU and MG?! Bitcoin?!  |
bitcoin is exactly like egold...it only has the mining factor added for shiny object syndrome...plus the ponzi factor...it is a digital ponzi currency...
because I did tons of transfers with evocash, egold, 1mdc, liberty reserve, webmoney ect. ill tell you what will happen:
high risk shit does not process well...forget mastercard, visa, amex...forget bank to bank funding most are too lazy to go though the hassle...forget paypal funding they will not touch ponzicoins with a 100ft stick...
now, according to our resident bitcoin spammer Western Union and MoneyGramm have been introduced as a means of funding and/or cash out...this is the end...
anon digital currency + WU or MG=scammers, ponzis,drugs,steroids,HGH,china pills, CP,rape,snuff,besiality ect. heaven...EVERYBODY from the above list will start accepting bitcoins just like they did the currencies before with easy ATM or WU payouts...
bitcoins will go so far underground that mining will actually be an appropriate term
ive talked to so many exchangers over my years of dealing in ecurrency its a huge problem...regulated ecurrency with strict KYC is a pain in the ass and customers will rather pay by CC or paypal...
the only reason I used ecurrency is because my country was under sanctions there was no money transfer allowed...i dealt exclusively in ecurrency for maybe 4 years and then moved to WU because it was less of a pain in the ass for customers...its a nightmare explaining to regular people the very basic concept of ecurrency...I had to write step by step funding guides for complete idiots and most did not get it the first time...many of them just sent me their user and pass because they thought they would somehow make a mistake with the transfer...