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Every single one of those things is easier with the existing money system.

• leppr 6y ago
  Except no, the exact reason I do/did these things with crypto is that I couldn't as easily do it with the existing infrastructure. Buying at a Bitpay PoS in Japan is just scanning a QR code, instant confirmation (Wechat easy but even foreigners can use it). A P2P sale for a non-insignificant amount of money (~$1.5k): rejected by Paypal, inter-bank transfer would take days to go through. BTC was 5 minutes to wait for a confirmation. Donations through Patreon or other require you to sign-up, go through convoluted systems that sometimes require sending your identity documents, crypto is just copy an address/scan a QR code and confirm in your usual, familiar wallet.
  • VBprogrammer 6y ago
    > inter-bank transfer would take days to go through In the UK bank transfers are practically instantaneous. It's nuts that the US is so far behind on this.
    • flotzam 6y ago
      Good luck paying an Iranian mail-order shoemaker... It's not hypothetical: https://www.coindesk.com/bitcoin-iranian-shoe-store-trade-sanctions https://www.coindesk.com/bitcoin-iranian-shoe-store-trade-sa... (EDIT) Sorry for my rude reply. Your point about intra-national transfers stands.
    • leppr 6y ago
      There are fast bank transfers in my country too, but for some reason my buyer's bank application was buggy and would only allow a traditional transfer. And of course, you can't use an alternative, non-buggy, app with your bank account...
  • deleted 6y ago
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