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I always have been excited about Bitcoin because allows me as a developer to do things with money in the internet. I could create a service like PayPal without
by sanbor 8y ago
I always have been excited about Bitcoin because allows me as a developer to do things with money in the internet. I could create a service like PayPal without the need of having deals with hundreds of banks all over the world. A homeless can have a btc wallet but probably not a bank account. I could automate transfers and payments. In countries like Argentina there are a few banks and they're really bad quality, both in terms of services and tech, so there are not things like stripe, etc.
I'm talking just about the positive potential of Bitcoin as a technology. There are many downsides and the current landscape of cryptocurrencies is not so great.
My vision is that crypto is going to be used like credit/debit cards, as a way to use money digitally, but it will backed against fiat.
- wolfgke 8y ago> I always have been excited about Bitcoin because allows me as a developer to do things with money in the internet. I could create a service like PayPal without the need of having deals with hundreds of banks all over the world. A homeless can have a btc wallet but probably not a bank account. I could automate transfers and payments. In countries like Argentina there are a few banks and they're really bad quality, both in terms of services and tech, so there are not things like stripe, etc. But the problem is not the technology (it is there and exists for decades), but the laws. Better concentrate on that problem.
- ric2b 8y agoIt's also the technology, currently outside of crypto you're always going to be connecting to some company's servers using their API after you get their authorization. There's no way the current system can have a stable and uniform API that works globally.