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Venmo is great for small payments, and makes way more sense than bitcoin for that use case. Bitcoin's use-case is not microtransactions or payments among frien
by aeternus 9y ago
Venmo is great for small payments, and makes way more sense than bitcoin for that use case.
Bitcoin's use-case is not microtransactions or payments among friends. It is providing secure and trustworthy payments when no trusted third party exists, independent of governments, companies, etc.
- nikolay 9y agoI am amazed how many people use Venmo. I'm one of the first adopters, I've never actually used it except to donate the penny I was given when I opened my account, but I see such a diverse crowd using it today daily - it's beyond my most optimistic expectations for it or a similar service! So, PayPal did a great decision to acquire them as Venmo doesn't have the notoriety of PayPal proper!