what's the one thing people use BC for at the moment in addition to speculating? Paying for suspicious goods or services online
I always pay for my Humble Bundle game deals with bitcoins. OMG, are you telling me Humble Bundle is actually a Pedofile, Terrorist, Marxist organization??? I knew it! I knew it all along!
Sure, if more places accepted bitcoins it would be fine, but the day my local grocery store or my electric company starts accepting bitcoins, that will be the day the government will make sure that they get their cut of the taxes and people will no longer be interested in using bitcoins for the reasons they use them today.
My grocery store doesn't accept electron for payment, and still, I can go to an ATM machine, exchange some electrons to some green paper and pay my groceries. Using Bticoin, I first convert some electrons on bitstamp to other electrons in my bank account, then go to an ATM... well, you get the idea.
How do you go short on bitcoins? Details please.
Ok, for the sake of convenience I'll pass over the part where you plug in your computer to the electricity, press the power butoon, and open your browser. I must assume that at least you know something.
1 - Write: www.bitstamp.net in your browser address space
2 - Put your user name
3 - Put your password
4 - Press the enter key (it's that big one on the right of your keyboard)
5 - Transfer your bitcoins to the address provided in the bitstamp.net page (sorry mate I can't help you with this one since I don't know what bitcoin wallet you use).
6 - Click: Sell bitcoins
7 - Go to the withdrawals page
8 - Fill in your bank details
9 - Click "withdraw money"
I know, it's quite an obscure and difficult process, but this is a brave new world, and things like clicking in the internet explorer icon and login in onto a website are only easy for those crazy early adopters of technology. Just keep trying there and one day you'll make it like the other genius that accomplished the feat before you.
until you can directly exchange Bitcoin to currency this will just be an elaborate hoax.
I do that about, hum, let me see... every day.
Yep, that's correct. Bitcoin is designed to be ridiculously scarce in the long run.
So is gold.
I don't know where you work, perhaps you have one of those very few and very specific jobs where you don't have to show up with anything but the clothes on your body for work. Well, most of us don't, I have to carry a messenger bag, most people at least carry a briefcase, so yes, I do expect people to put a grocery bag in there since it's basically weightless.
If you don't want to carry it around... well it's your choice, but pay for it like the law implies.
See, that's why we need a fee. Because ignorante uninformed and lazy people like you don't understand those exact same bags you talk about already exist for years and are for sale for a: "1 time fee, exchange for a new one as many times as you want", in many supermarkets.
So yeah, it's no wonder the government has to charge money form ignorants like you, since otherwise they will never learn.