Good to see the increase in number of transactions. However peeps are sitting on most of their btc as an investment rather than using it as a currency. You'd be silly not to considering the crazy increase in value during the previous two bubbles. You don't want to be the next guy who bought a pizza for a silly amount of btc. Not a fan of btc?
I am a fan. I love the idea of a new asset based on an open protocol that allows for easy transactions. I agree that speculation must keep transactions down, but there's no way around that. Some services like Coinbase allow for automatic rebuys of BTC when you spend it. Some enthusiasts are willing to take the 1% fee of buying new BTC to use it as currency.
And may I add, decentralized generation and predictable finite amount of units of value. Yeah, the 1% penalty for the ease of use of USD exchange into BTC is a price a lot of peeps aren't willing to pay but at least you have that option with Coinbase in the US (soon to come to Europe apparently). Most of the world still has to go through online manual exchanges all with their own fees. I guess the way around those fees is to start offering services and products for BTC. Easier said than done of course but it'll be awesome when the day arrives that we're able to live with BTC as the main value of exchange. As they say, faith in maths rather than corrupt bankers.I am a fan. I love the idea of a new asset based on an open protocol that allows for easy transactions.