Bitcoin is a horrible choice for online payments unless you’re engaged in illegal activity or tax avoidance. Most people who acquire Bitcoins are hoarding them, because they’re speculating, because Bitcoin really works like a highly volatile stock (with some nice mathematical properties thrown in for geek cred).
Which is why there are not thousands of retailers, restaurants, and services using Bitcoin, including major players like Overstock and TigerDirect. Nothing to see here folks - it’s failing and for nerds only. Useless currency.
I’m not a Bitcoin user, but even my casual exposure and research through Ars Technica, The Verge, Reddit and various other tech-news sites would seem to contradict your assertions in nearly every way.
