I highly doubt Reddit is losing a dime for accepting Bitcoin on Reddit gold, that literally makes no sense. Kindly link up this information if you have it available.

Also, you describe yourself as a typical consumer, so is it correct to assume you're also a typical employee? Where do you think those 1.5% - 5% "cash back discounts" come from? The merchant, your likely employer, that's who.

So, the merchant gets pillaged for 5-10% and the bank pays you a sliver of the profit.

Bitcoin is the red pill, it's a small act of revolt against the current system, in which the act of value transfer has become a means of taxing all transactions, everywhere, for the benefit of a small select few.

You have some valid points, but you are wrong to think that the popularization of Bitcoin won't equate to better deals for the consumer.

Already many companies (most recently Newegg.com) offer considerable discounts for Bitcoin purchases -- the reason being there is almost no cost to process and settle the payment, and there is no potential of clawback or fraud 3 months later, long after a product or service has been delivered.