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> the lack of connection to something physical Do you get paid in something physical? Do you think there are notes or precious metals sitting in a safe somewhe
by cup-of-tea 8y ago
> the lack of connection to something physical
Do you get paid in something physical? Do you think there are notes or precious metals sitting in a safe somewhere that you just never use? I suggest you study money. Also don't use the word whom unless you know how to.
- threeseed 8y agoI am referring to the use of Bitcoin as a mass market currency. Physical currency is still useful in many situations where there is (a) no/intermittent networking, (b) when the cost of the purchase is less than the financial overheads and (c) for truly anonymous purchases. I could keep going. There is a reason that even in countries like Australia where we have widspread tap to pay that cash is still pervasive.
- stealthmodeclan 8y agoGo to China. I do not carry cash at all.
- cup-of-tea 8y agoThere's no reason bitcoin can't coexist with physical currency. An interesting question is if bitcoin were accepted everywhere, what would people trust more? Bitcoin or bits of paper printed by the government?