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If we want adoption, using crypto as a payment method must stop being a total joke.

Today I wanted to order a pizza using Bitcoin/Bitcoin Cash.

I chose BTC as a payment method, got redirected to BitPay. It asked me to pick if I want to pay with BTC or BCH, showing me the ludicrous BTC fee and 0.00€ BCH fee.

I picked BCH to check if I have enough of it to pay. I hadn't. Shortfall 1: There was no way to go back to the currency choice, I had to wait 15 minutes for BitPay to cancel my payment. There was no way to just go back.

After waiting 15 minutes I was redirected back to the checkout and once again picked Bitcoin. On BitPay I chose Bitcoin this time. Got a QR code, so I open up my Coinbase wallet and try to scan it. Shortfall 2: It doesn't work. BitPay goes out their way not to disclose their Bitcoin address, you must use their wallet. or one specifically compatible with BitPay.

If I wanted to move my money from Coinbase to BitPay wallet I would first have to pay the fee for moving from wallet to wallet, then pay the fee second time when finally paying BitPay.

So, I go to shapeshift.io and try to exchange my BTC for BCH so that I don't get billed the transaction fee just once, not twice. I put in my Coinbase BTC address as the source, and my BitPay wallet BCH address as the destination. I click "Start transaction" and get slapped with "There was an error creating your order, please try again in a few minutes." Shortfall 3: Either BitPay or Coinbase somehow creates addresses that shapeshift deems invalid and doesn't allow moving funds to.

At this point, I could've gotten a different wallet, gave it to shapeshift, then move BCH from my wallet to BitPay wallet, but I gave up. I didn't even order a pizza, I was too fed up with that experience.

Now, you might think: Go to the bitcoin subreddit, this is just a Bitcoin rant. YES, IT IS, in the minds of most people Bitcoin == Crypto and we should do everything against that notion.

Bitcoin is obsolete technology. We should do everything to make any company that accepts Bitcoin move to something newer. There's Ethereum, Monero, Zcash, all better in every regard in comparison to Bitcoin.

Imagine how the process of buying this pizza would look had it used Ethereum. I would press the "Order" button, see a MetaMask confirmation prompt, just press "Confirm", and be on my way, while in the backend the smart contract takes my Ether, immediately exchanges it for Dai to protect the pizzeria from volatility, all without the 10 minute wait, no $1 fee, no central authority processing the transaction.

Bitcoin needs to die for crypto to flourish, but considering the position it's gained, it's a "too big to fail" and it falling would bring all other coins down with it.

submitted by /u/shit_frak_a_rando
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If we want adoption, using crypto as a payment method must stop being a total joke. If we want adoption, using crypto as a payment method must stop being a total joke. Reviewed by paksvideo on April 14, 2018 Rating: 5

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