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> a solution to a problem that doesn't exist What alleged problem do you think Bitcoin is trying to solve?

• TylerE 10y ago
  Psuedonymous transactions.
  • tcoff91 10y ago
    That's not bitcoin's killer use-case. It's killer use-case is as a store of value.
  • clarkmoody 10y ago
    I think many people are finding cross-border transactions to be the big draw for Bitcoin, especially in places like Venezuela. Ordinary people are using cryptocurrency to skirt government-imposed monetary controls. They don't care about the privacy angle and aren't trying to obtain illegal / harmful products.
  • ryanlol 10y ago
    We already have wire transfers for that, no? Bitcoin is making value transfers cheap, fast and accessible.
    • TylerE 10y ago
      You mean slow, expensive, and complicated.
      • ryanlol 10y ago
        The first two are so far from the truth that it's really hard to believe you're being sincere. As for the third, you've clearly not dealt with wire transfers very much. Dealing with SWIFT for example is infinitely more difficult than using bitcoin.
      • iopq 10y ago
        It's been several days since I've requested a wire and the company debited that balance from my account. There is no sign of the wire anywhere. I assume, I will eventually get it. It will cost me $30 if there are no intermediates (international wire), but more like $45 I imagine.
• loop22 10y ago
  The Byzantine Generals' Problem.