>By the way you still fail at providing any data why it was a "huge flop"

Fewer transactions and lower volume than last year. Multiple vendors on /r/bitcoin claiming little to no volume either compared to last year.

>I am confident you are able to find some anecdotes on /r/bitcoin from a few mom-and-pop shops disappointed by their bitcoin sales this year. But anecdotes are not data. Data is the "+82%" number I reported above.

Right so reports from multiple vendors about lackluster sales are anecdotes. A vanity number like 82% increase with no indication of the size of the transactions, etc is data. How about the fact that bitpay has been claiming the 1m a day in transactions now for over half a year? How about that for no growth?

>Their sales are not declining anymore. They have reached a steady state of $7000-8000 a day for the last 3 months

That is a decline

Here are the figures from their releases so far

Jan 10 - 130K
Jan 11-29 - $26K/day average
Next 36 days to March 4th they do $400K - $11K/day average
Next 83 days to May 27th they do $600K - $7200/day average

Now they are claiming $7000 a day. Given that the $7200 * the number of days left in the year = $3m I'm guessing we'll see that $3m number change again when they actually release their financials.

>That's why cash works. You go to a restaurant and pay cash because you don't care about giving up the ability to contest the charge: you trust the restaurant

Cash works like this because you are physically present with the merchant when you use it so you can validate immediately if you are getting ripped off or not.

>Bitcoin doesn't have to satisfy 100% of use cases to be successful.

Right but it has to satisfy enough common ones to convince users to make the additional effort to acquire it. It's not doing that.

>I chuckled at this. Obviously you are unfamiliar with how it's done. The standard way of doing a "charge back" in Bitcoin is to ask the customer to provide a refund address. Easy peasy :)

Yes that explains why there are no scams in bitcoin at all. And there were no complaints about Tigerdirect fulfillment related to bitcoin orders.

>You completely ignored what I said: despite not losing money, it can be a tremendous annoyance and hassle to cancel and replace a CC, with the incident affecting your credit score, etc. These are real problems, real annoyances, NOT solved by credit cards. Bitcoin fixes that.

But it's not a tremendous hassle. You call the bank tell them the card was stolen(or they detect it) list any transactions you didn't make and the money is refunded and a new card is posted. There are a handful of cases where it is more difficult than that. Do you have examples of it affecting credit scores?

>Second time you completely ignored what I said: yes security is hard, but hardware wallets are improving security. You can't deny this.

Walk me through the steps to buying and putting bitcoin on your hardware wallet that wouldn't be compromised by the user having a virus on their computer that targeted bitcoin.

>They do work (I have used one). Please enlighten us

Which one have you used and I'll tell you how to abuse it.

>Wrong. As I explained, my example (sendbitcoin.mx) does not need physical presence, as they rely on an existing bank ATM network, even if you don't have a bank account.

That is a physical presence. The fact that they are using someone elses physical presence doesn't mean they don't need one. It means they are using someone elses locations to subsidize their own. Companies tend to not like that which is why I would put money on sendbitcoin.mx being shut down within the next 6 months.

>Banks don't do it for the same reason large companies often fail to innovate compared to small agile startups: inertia, redtape, etc.

Actually there were a lot of banks doing the US->MX remittance up until a few years ago when regulations and compliance got to be way too expensive for it to be profitable.