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Funny part is, you're still wrong. There is a need obviously, as people are switching. If I deposit to GDAX, sell to USD, and withdraw to my bank it will be th
by tradersam 9y ago
Funny part is, you're still wrong. There is a need obviously, as people are switching.
If I deposit to GDAX, sell to USD, and withdraw to my bank it will be there in 1 business day. It's been that way for years, for almost everyone I know. ACH pulls take longer, sure, but what I said is correct.
Also, multiple countries implemented negative interest rates[1]. Japan isn't an anomaly.
What you might lose from BTC fluctuation, you may also gain, as seen by the 400% YTD growth, this year alone[2].
You really should do more research and actually understand the topic instead of dismissing it because it doesn't fit your world-view.
[1]: https://en.wikipedia.org/wiki/List_of_countries_by_central_bank_interest_rates https://en.wikipedia.org/wiki/List_of_countries_by_central_b...
[2]: https://www.cryptocoinsnews.com/bitcoin-price-nears-5000-ytd-growth-exceeds-400/ https://www.cryptocoinsnews.com/bitcoin-price-nears-5000-ytd...
- tunetine 9y ago4/100 countries on that list seem like a pretty big anomaly to me.