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> bitcoins have no real world application or substance outside of financial crime https://www.coindesk.com/information/what-can-you-buy-with-bitcoins/ https://
by mcjiggerlog 9y ago
> bitcoins have no real world application or substance outside of financial crime
https://www.coindesk.com/information/what-can-you-buy-with-bitcoins/ https://www.coindesk.com/information/what-can-you-buy-with-b...
- eksemplar 9y agoYour product simply isn't valuable if the world wouldn't miss it if it disappeared over night. Outside of keeping money away from legislation what value does crypto currencies have that would be missed?
- chrisco255 9y agoTry transferring $1 million (or hell, even simply more than $10K) of legitimate cash to another country. With USD you have to jump through hoops. With BTC, it's less than an hour to clear and the transaction fee is peanuts. BTC has properties of physical cash and credit/debit cards. That's valuable.
- eksemplar 9y agoI don't know about the US, but that would be illegal in a lot of countries.