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Near instant worldwide transfer of funds with low fees is a big one that comes to mind. I'm invested in bitcoin and it takes, on average, an hour to move around

Near instant worldwide transfer of funds with low fees is a big one that comes to mind. I'm invested in bitcoin and it takes, on average, an hour to move around with around $10 in fees. Of course the fees are still high but I imagine they will come down if bitcoin wants to see mass adoption. Immutable, anonymous, and decentralized ledger. Those are attributes of blockchain technology rather than bitcoin itself though. It's possible another cryptocurrency (litecoin anyone?) will dethrone bitcoin as the 'currency' and bitcoin will remain a store of value.

BoorishBears 9y ago
>Near instant worldwide transfer of funds with low fees >Of course the fees are still high
- jabberbyte 9y ago
  He is comparing to traditional wiring. > 7 days, $50-$100 in fees. So it's still faster.
  - BoorishBears 9y ago
    There are middle grounds between traditional transfers and Bitcoin transfers: https://www.worldremit.com/en/help/sending-money https://www.worldremit.com/en/help/sending-money Most methods of receiving mentions are instant
    - jabberbyte 9y ago
      Fair point but the blockchain eliminates the need for middle man and their fees due to its nature of being a Trust Protocol.