It's actually the "apps" way of taking Bitcoin from your wallet. You and I both agree that Bitcoin will go up in value. But we disagree on why.
You're telling me the app takes the money and never gives it to Starbucks??? Give it up, you've already lost this argument. It's no big deal that I am right and you are wrong. This isn't a life or death matter. Stop trying to twist it around to make it seem like no company accepts Bitcoin. Even if a company uses an app to accept it, then that just means that that app can be used by multiple companies to accept Bitcoin, proving you even more wrong than you already are. And this thing that you keep saying that Bitcoin will go up because of speculation, well I agree with some of it, but I don't think that's 100% of the reason it will go up. Because more investors as you already know see it as a store of value. Now I agree it will never become a frequently used currency for goods, it's too slow and takes some work to make a transaction. But that doesn't mean it has no use. Sure, people use it for illegal activity. It's a currency, but that's not why most use it. When you look at the way the world is going, it's inevitable that we will one day turn to digital money. (Signs of the end of times as stated in the illuminati) There really is use for blockchain technology, and it's not about using it on illegal activity, it's about taking control of our own money. It's about being your own bank.
Most money already is digital. Every time you use a debit card, it's digital. No currency can function without a central bank to keep it's value stable. If I had $10,000,000 and had the choice of keeping it in USD or Bitcoin, I would have to pick USD because of the chance of a bubble collapsing. It's way too volatile for people to trust it long-term. I'm telling you that the app gives Starbucks USD and that's why Starbucks doesn't care. Then the app takes Bitcoin from your wallet in an equal amount. You lost me permanently at "illuminati." I think a lot of the people on this forum (and world) would do well to take off their tinfoil hat. I can't wait until I can get a Covid vaccine on April 5th.
But no-one uses gold or silver to buy gasoline, groceries, health insurance or mortgage payments either, yet gold & silver still has intrinsic value and widely perceived & treated as a "Store of Value/Wealth", one of the characteristics of "Money". I don't believe Bitcoin will evolve to be a currency for everyday use. I believe it is evolving as a digital form of "Wealth Store" & "Transfer". Decentralization, Limited Supply & Portability are the core concepts here.
I disagree that gold or silver have intrinsic value. They wouldn't do you much good if you were stranded on an island or couldn't exchange them for cash.
CLAP! CLAP! CLAP!!! Wow, the more you talk the better you sound. I would love to be stranded on an island with gold bars, because then I would melt it into weapons. I would be laughing at you curled up into a ball with gold around complaining that "It has no intrinsic value man" Pathetic!