It's easy to do Bitcoin transactions, true. Everything else you might want to do with money is what's hard. Like:<p>* Move all of the payments you've received into a normal bank account to pay operating costs<p>* Allow a number of employees to do the above for continuity planning<p>* Remove such ability from employees who have left the company<p>* Ensure that the coins are not lost due to any unexpected hardware failure<p>* Ensure that the coins can't easily be stolen by a hacker<p>* Ensure that a malicious business owner or employee can't take all of the coins and disappear one day<p>* Ensure that any handling mistakes with Bitcoin keys don't accidentally render the coins unretrievable
Not easier and here is why --- virtually everyone already has a bank account or credit card and is fairly familiar with the fiat money system. There is essentially no learning curve with Stripe.<p>Not true with bitcoin.
I like bitcoin, own bitcoin, but this article feel like something you'd have read in 2014.<p>"Wanna receive Bitcoin as a web merchant?"<p>This not doable in 2020, with current fees and transaction time.<p>"No KYC, no 3rd party custodian, no governments, and it can be done offline. Instant settlement bliss."<p>I'm so confused by this sentence, if you want to sell bitcoin, you need KYC. Because merchants need to do the grocery and pay their bills. I really don't understand the instant settlement part either...<p>What am I missing?<p>Please don't mention lightning network, this article isn't about lnd, nor is lnd usable easily onbaordable for merchants and consumers.
Can we talk about the user experience of using Bitcoins?<p>The first time I've used Bitcoin to buy something it took me almost a whole afternoon to do it, why? Because my bank, like almost all other banks in my country, blocked Bitcoin providers. Which means I had to open an account on Revolut, transfer money on it, then use it on a Bitcoin provider to finally get the coins.