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> converting to a different currency, sending money, and converting it back No need if you earn and spend it. > You also get the volatility of bitcoin Absolu
by tmornini_ey 11y ago
> converting to a different currency, sending money, and converting it back
No need if you earn and spend it.
> You also get the volatility of bitcoin
Absolutely true in the short term, absolutely false in the long run. Bitcoin's volatility has statistically declined as its usage has increased.
> using it for a simple USD->USD money transfer is like using a jackhammer when you need a scalpel
Cannot argue there. The key is to stop using USD whenever possible.