You do realize that a credit card isn't currency at all?  "when you trust bankers with your money..."  It isn't your money, it's the banks.  It's a loan.  With no collateral.  You can't do that with bitcoin at all, so how are these two things even remotely comparable?

The problem with Bitcoin is, asuming you are clever enough to not carry big quantities of BTC in your smartphone or in general around, you'll deposit there (from your main wallet at home) the money you are going to spend for the day. Say you go to a restaurant and go with 0.3 to pay for it. Say the restaurant its 2 hours away from home. Now, imagine during these 2 hours, there is one of these random ass price crashes/rises that happen all the time with Bitcoin. If the price goes down, you may not be able to pay for it. It's a pain in the ass to use something as volatile to do everyday expenses.

Unfortunately, the general public will not see this issue as a reason to adopt Bitcoins.

Banks have mechanisms in place that protect card holders from fraud and theft, as well as to protect themselves.
This was more of a "Blooper" caused by the bank's policies, rather than a show of control over the President's finances.

I do agree that mistakes like this one would not happen with Bitcoins, however, the rest of the world would not care to pay attention to that.

Keep in mind though... If a thief/hacker spends/steals your Bitcoins, you have basically no protection that would hold the thief accountable.
Your Bitcoins are gone, and no one is going to get them back for you.

While with Banks/Credit cards, there are spending limits, possible reversal of transactions, the thief can be more easily tracked, etc...

People in general, feel safer knowing that their money is being "Protected" by some higher authority, with Banks/Credit Cards.

I'm just pointing out that the Bitcoin community still needs to do a lot more, to be able to convince regular people that Bitcoins are a safer and smarter alternative.

wore if obama forgot his wallet encryption PW

Don't you think NSA cant hack it 

Republican bankers
NEWS FLASH : OBAMA NOW USES BITCOIN AT RESTAURANTS

 

Obama is a loan defaulter

Im sure your tax dollars go to cover the bill at the end of the month.

That's a good point. I always preferred using Debit Cards.
I've never owned a Credit Card in my life, only Debit Cards, so I can't spend money that I don't have.

Unfortunately though, the majority of cardholders worldwide are still using Credit Cards over Debit Cards (even though this is slowly changing).
So this probably won't appear to be an "Advantage" to most of them.

Most people are willing to "gamble", spending money they don't yet have, to satisfy instant gratification, because they feel that they need "this and that" right NOW.

They may see Bitcoins as a "Limitation" to freely spending and "enjoying" their lives the way they want to.
Only the more responsible portion of the population, will appreciate this Advantage of Bitcoins.