> You're calling a situation that I have personally encountered and provided a detailed accounting of to back up my assertion "made-up" and comparing me and my family to Amish?
You've exposed your father to losses without explaining to him that BTC is in fact not USD and USD/BTC is a floating exchange rate. I don't see how this is problem of BTC and not your own personal screw up.
> You've exposed your father to losses without explaining to him that BTC is in fact not USD and USD/BTC is a floating exchange rate.
You are assuming that both of us were not aware of that. We both were and were interested in trying something new. But it is still a reality of using Bitcoin when the entire transaction is not in bitcoin.
Anyway, the larger point remains: there are some transaction that bitcoin is ill suited for and PayPal is great for. Sending money to people is one of the core features of PayPal that works like a breeze whereas buying and selling a different currency just to send money makes little sense.
"Situation is real, but the problem is made up". You did made up that point, after all.
Once again - if you are using other currency, being it BTC, CHF, EUR, RUB or CNY, you are exposing yourself and counterparty to exchange rate fluctuations. Difference is - with BTC you have some extra possibilities.
As for PayPal - yeah, it's a breeze until it's not. I.e. until they've blocked your account because reasons. With BTC I own my money. With PayPal, PayPal owns me.
You've exposed your father to losses without explaining to him that BTC is in fact not USD and USD/BTC is a floating exchange rate. I don't see how this is problem of BTC and not your own personal screw up.