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Money transfer is still very difficult. As in right now, short of paypal, I cannot send you money easily without leaving my chair in under 1 minute regardless o
by rokhayakebe 9y ago
Money transfer is still very difficult. As in right now, short of paypal, I cannot send you money easily without leaving my chair in under 1 minute regardless of where you are in the world. Send me your bitcoin address and the problem is solved.
The biggest problems with Bitcoin (specifically) are: 1) it is not necessarily a store of value and 2) it fluctuates too much.
If someone can solve these two problems then we will have an extremely powerful cryptocurrency.
- JumpCrisscross 9y ago> As in right now, short of paypal, I cannot send you money easily without leaving my chair in under 1 minute regardless of where you are in the world Venmo. Zelle. During banking hours: e-mail my banker, wire transferred within minutes.
- detaro 9y ago> Venmo. Zelle. If you accept the limitation that the receiver can be anywhere in the world, but must be from the US or have an US bank account...
- te_chris 9y agoTransferwise
- tim333 9y agoYou'll be doing well to get a bitcoin payment through in less than a minute. Half an hour plus is typical. There are faster cryptos though.