This, we went with Stripe before but apparently hosting is too high risk and (they claim) their banking partners did not want to do business with our little Irish startup. No such issues with bitcoin
I was using it for years on our sites, IT IS very easy to implement for a developer, especially easier than dealing with oauth oddities from google,facebook,microsoft etc
Yes one can program own username/password etc login, but it is actually alot of work making a proper one with all the edge cases (, password strenght, email validation, verification, account recovery) and so on and so on. I know because I have done it dozens of time and each time the project has slightly different requirements
Mozilla Persona was dead easy to implement on the other hand! Also alot of people did not like and complained about having to login with Google, Facebook etc yet the same people had no issues trusting Mozilla due to the goodwill they built up with firefox and their fight for privacy
Waking up one day to find that "your" money is no longer yours is not a compelling reason? I myself had nothing but bad experience with Paypal going back almost a decade, hell with them.
I asked the same question of an old engineer at Kennedy Space center who was talking about the Saturn rockets to a (small) group of people (most just wanted take photos and cared little for history). He was quite blunt in his response,
"We were doing great but then someone higher up decided that we won the manhood measuring contest and its better to spend public funds on bombing some poor souls in paddy fields half a world away..."
That's a long way away, by then either bitcoin becomes popular, bitcoin evolves into something else or bitcoin dies.
Right now all comments about "inflation" etc are downright silly, usually form people regurgitating sill cons against bitcoin that are not a concern at this time.
But lets not have fact get in the way, downvote away.
There is not reason to use this web thing (thats fully of dirty porn and nerds) for shopping when we have paper catalogues
There is no need to send email when you can send a fax
There is no need to carry a brick with you to make calls
There is no need for plastic cards when one can use cash
And so on, just because YOU do not grasp advantages and possibilities that bitcoin has brought along, does mean the rest of us dont. I use Bitcoin daily BTW it has already improved my life in ways only rivaled by the rise of the web, mobile in last 20 years
Same way western economies work?
Create debt and more debt and base whole economies on sale of houses to one another. When it all fall apart double down
The anger you are feeling is the screws being tightened a little tighter. Everything nowadays is regulated, controlled and monitored, we in the west are not free, especially in "the land of the free"
And some beuracrat(s) at FAA just guaranteed themselves job security for long time
> There's also no real need to tax them, as you can tax their owners.
Thats what happens in Ireland, corporation tax is lowish (12.5%) and theres not that many loopholes/concessions as in other EU states where companies can reduce their corporate tax to near nothing already
BUT personal taxes are a murder
Lets say you are a director of startup and the company has€100000 left after costs and taxes etc, lets say as director you want to pay yourself a salary of 100K for your hard work, you be lucky you be left with 50K after income tax, PAYE/PRSI insurance tax and "Universal Social Charge"
On the money that you have left you would have to pay for medical insurance (aint free here like UK), VAT of 23% on almost anything you buy (more for cars, less for food etc), new property and water taxes and so on
Keep in mind that Ireland gets blamed for alot of this goings on, but its just a step on path large corporations take to move money onto Carribean.