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What purpose does cryptocurrency serve in this scenario that ordinary payment methods could not?

• travisjungroth 9y ago
  Guaranteed payment, low transaction cost and available to all. A homeless person often can’t get a credit/debit card, so cryptocurrency would be great for digital payment.
  • paulie_a 9y ago
    Except Bitcoin is anything but low transaction fee
    • travisjungroth 9y ago
      I agree, Bitcoin fees are too high for this use case. There are other assets with faster/cheaper transactions. I just wanted honestly answer the comment about why cryptocurrency is better in this case (even if it’s not all cryptocurrency). I could also say why it’s worse: price instability (that $100 you had to your name is now $70), no way to force a refund, not widely used, and you have to manage keys. I’m sure there are more.
• ObeyTheGuts 9y ago
  as homeless icant have bank account, i do can use bitcoin