4 ms·
USD is already a mostly electronic currency. I’ve done some reading, and I have yet to come across a compelling advantage for cryptocurrency cum currency for th
by pmiller2 8y ago
USD is already a mostly electronic currency. I’ve done some reading, and I have yet to come across a compelling advantage for cryptocurrency cum currency for the purposes of legitimate transactions.
- erikpukinskis 8y agoIt’s mostly useful for people whose social networks aren’t fully enfranchised in the U.S. financial system. For people within that system your analysis is correct.
- pmiller2 8y agoInteresting. Can you expand on what you mean by "people whose social networks aren't full enfranchised in the U.S. financial system?" The phrase has me thinking of this: https://en.wikipedia.org/wiki/M-Pesa https://en.wikipedia.org/wiki/M-Pesa
- lalaland1125 8y agoThey probably mean people who carry out illegal transactions.