4 ms·
I guess I'm not a multi millionaire who needs to transfer that kind of money? What exactly are people buying with bitcoin that cannot be done with standard curr
by rpowers 9y ago
I guess I'm not a multi millionaire who needs to transfer that kind of money? What exactly are people buying with bitcoin that cannot be done with standard currencies? Unless it offers some radical access to process or markets standard currencies do not, I just can't see the point.
- jeremyt 9y agoOh, well, if there is no perceived use case for you, then there must not be any use cases, even though someone just pointed out a very specific and valuable use case. That's logical.
- hndamien 9y agoHave you used a bank lately? Tried moving money and buying some stocks? Tell me how long that takes from money leaving your account to settlement.
- synicalx 9y agoThree days in Australia, and that's enforced by ASIC not the bank. Moving money is instant though, unless it's to a credit union which can take around 24 hours or so.
- hndamien 9y agoI'm also from Australia and moving money is not instant between different banks. Crypto settlement is instant.
- synicalx 9y agoI'm sure the parties involved in transferring $160M via an anonymous and untraceable currency had perfectly legitimate reasons for doing so /s.
- jeremyt 9y agoWasn't anonymous or untraceable.
- vocatus_gate 9y agoWasn't anonymous OR untraceable, which is clearly evidenced by the fact that we all know about it and can see it on the public blockchain.
- synicalx 9y agoOk, then who has the money now?