4 ms·
>Again, solutions to these (ie. Venmo, Square Cash, Facebook Cash for p2p) do not require blockchain. How does blockchain tech help in these use cases? Bitcoin
by AgentME 9y ago
>Again, solutions to these (ie. Venmo, Square Cash, Facebook Cash for p2p) do not require blockchain. How does blockchain tech help in these use cases?
Bitcoin is the only decentralized one. I don't think it means everyone needs to use it, but I think the role it fills is a very important one.
I feel like this criticism is like criticizing torrents or personal NAS media devices when fileplanet.com and dropbox already exist, or criticizing email when Facebook Messenger exists.
- sebleon 9y ago> role it fills is a very important one what role does it fill? > criticizing torrents p2p file sharing fills a real need: quickly download large files for free, even when no single entity wants to pony up enough free bandwidth to make this happen > criticizing email when fb messenger exists email is useful too. it is more formal and already part of the protocol of business communication. fb messenger is great for casual chats with friends, with a heavier focus on GIFs, games, etc. they fulfill different, but real, needs