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> ... and it is increasingly trivial to convert [Bitcoin] to the currency of your choice. I think the author lives in a bubble. For 99% of all humans this is n

> ... and it is increasingly trivial to convert [Bitcoin] to the currency of your choice. I think the author lives in a bubble. For 99% of all humans this is not true.

marcell 9y ago
For 5% of humans living in USA, or 10% of humans living in Europe, it's pretty easy if you have a bank account: coinbase.com. I don't know the situation in China as well, but it's doable as some of the price action is driven by Chinese buyers. So definitely not as much of a bubble as your comment may suggest.
mlindner 9y ago
At this point it's not too much harder than opening a bank account.
- tobltobs 9y ago
  Outside of the first world bubble opening a bank account isn't trivial.
  - prawn 9y ago
    Even in the first world, I wouldn't call it trivial.
Tepix 9y ago
99% of humans don't have a bank account?