Sounds great, but if every gas station fill up will result in a 'taxable event', people will need more infrastructure around tracking and reporting those activities. This feels like the opposite of some rewards card/program - every time I fill up, I'm not getting some "free reward", I'm adding to my tax-reporting data collection tasks.
I can't imagine anything more convenient than waiting around for over two hours to ensure my transaction is confirmed: <a href="https://ycharts.com/indicators/bitcoin_average_confirmation_time" rel="nofollow">https://ycharts.com/indicators/bitcoin_average_confirmation_...</a><p>Confirmation time has also recently spiked to over <i>two days</i>.<p>BTC has many of the attributes of an asset like gold, but as a currency, transaction times make it something of a bust.
Not gonna work. Bitcoin people are all for adoption but only on paper. In reality, nobody wants to pay for gas or purchase a pizza using bitcoin. All these people care about is speculation and 'beating the market'.
And by "accept bitcoin payments" they mean they'll use the payment processor Flexa which I assume accepts bitcoin, their homepage doesn't mention them.
lol Flexa<p>I was in a chatroom with one of their advisors trying to shill me on Flexa for several years<p>Takes that long to close a deal with crypto companies, huh. And only during the hottest market in history