3 ms·
Nearly 3B of the developing world population is in India and China. I'm Indian and BTC is virtually banned here. Not that it has much utility - our payment syst
by puranjay 8y ago
Nearly 3B of the developing world population is in India and China. I'm Indian and BTC is virtually banned here. Not that it has much utility - our payment systems are very robust and essentially free. UPI, a mobile-first payment protocol, beats anything crypto can throw up.
- SZJX 8y agoTwo very different beasts. When you use the mobile payment system all your traces and data are being exposed, even much more than using cash. While people who need anonymity, or at least want to be hard to track, be it for buying drugs or escaping the unstable local currencies, definitely have a valid use case for crypto. Lumping everything under the term "scam" is shallow.