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You can transfer hundreds of millions of dollars in minutes, with very low costs. For example, [1] [1] https://www.quora.com/Whats-the-largest-Bitcoin-transact
by mdpopescu 8y ago
You can transfer hundreds of millions of dollars in minutes, with very low costs. For example, [1]
[1] https://www.quora.com/Whats-the-largest-Bitcoin-transaction-ever-made?share=1 https://www.quora.com/Whats-the-largest-Bitcoin-transaction-...
- root_axis 8y agoNo you cannot. You can transfer blockchain tokens ostensibly valued at millions, but you can't actually spend that money without cashing it out, which is extremely difficult with sums that large.
- kss238 8y agoThere is lots of things you can purchase directly with bitcoin.
- TheOtherHobbes 8y agoVery few of them are both legal and tangible.
- kss238 8y agoYou can purchase anything on Newegg with bitcoin directly
- simple_phrases 8y agoBitcoin isn't liquid like cash.
- mdpopescu 8y agoTrue. A lot of governments are working on fixing that... by making cash a lot less liquid.