Quote:
Originally Posted by borg23
i didn't say they're great for everyone. they're great if you're not a moron and have discipline. if you're an idiot with zero discipline then it makes sense not to use one.
i agree banks are predatory-that's why it's so much fun exploiting them.
banks can be scum and using credit cards can still make a lot of sense. they're mutually exclusive. if you want to make your travel more difficult and costly by not using credit cards that's your choice.
if the rest of america is 15k in debt they shouldn't be traveling abroad one expensive trips anyway and they sure as hell won't have the money to do so stored in bitcoin.
unlike most of the people in credit card debt you seem to at least understand how debt interest etc work. so either you don't trust yourself to have the disipline to use credit cards (and make money in the process) or you're cutting off your nose to spit your face by not using them.
you can love bitcoin all you want but the bottom line is when traveling it's far easier cheaper and less time consuming to do so using credit cards and atm cards in any place worth visiting. even in thailand that you mentioned- the atms fees fees are higher than anywhere else i went in asia and it's still way cheaper faster and more efficient than using bitcoin.
You're almost missing the point the completely. You and other people are coming in here and using you're own reality/ circumstances to justify yourselves when the rest of America/ the world feels very differently about banking/ credit cards etc (and the numbers are there to prove it).
You know, it's great that you don't have a problem with the current banking institution, that you don't have any issues with credit cards and their predatory tactics... but again, the rest of the America feels very differently. They love/hate credit cards, they hate ATM fees, administration fees, balance fees, wire and transfer fees, the endless bombardment of cash back/ rising credit limits, being locked out of their accounts etc etc. The only reason we use it is because up until recently there wasn't any better options. <--- crypto changes the game of online banking completely. And in this tech/ internet age- it's the future. No bull****, no fees, no predatory bs.
Coordi- if you can navigate a standard online banking page, you can navigate crypto.
What I'm seeing is you and other posters are old school. If it's working fine for you, then why change am I right? That's totally cool, but the rest of us / evolution / change is moving forward whether you agree with it or not. 25 years from now, traditional banking is going to be a thing of the past/ history.