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RE: A 'Cashless Society' Where Bitcoin Trades at 50-100% Premium [VIDEO]

It's just not that simple. Technology (software) development has not improved to the point where it makes it easy to use cryptocurrencies. Mass adoption will take time... at least until everyone can learn and begin to transact easily. Currently it is just not that efficient and is very cumbersome. And BTC transactions are expensive.

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You would be surprised at how fast mankind can adapt when it needs to ;)

That might be the big holdup... no adaptation currently needed!

BCH tx's cost $0.0001. Therefore, bitcoin seems cheap to me. Sorry to hear you had such a bad user experience on a fork of the original bitcoin chain, try BCH :).

Fees might seem reasonable now, but the real problem is this; with accumulated congestion on the Bitcoin blockchain, it leads to a bidding war over block space. Last year fees were known to exceed $30.00 per transaction. No thanks. I think I would prefer to transact with 3rd gen blockchains.

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