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Bitcoin is useful too. It's impossible to quickly and reliably transfer money between many places (e.g. Africa and Europe, USA and Africa, USA and EU) by any ot
by emteycz 6y ago
Bitcoin is useful too. It's impossible to quickly and reliably transfer money between many places (e.g. Africa and Europe, USA and Africa, USA and EU) by any other way than Bitcoin.
African banks will steal your money if they have a chance to claim it was lost in transport. Transfers between EU and USA take so much paper and gasoline (to travel to banks) that Bitcoin must be more ecological.
And transfers between many country pairs are totally impossible without Bitcoin.
- avaldeso 6y agoThere's levels of usefulness. Not dissing your argument but gold is still way more useful. There's has to be better ways to solve the problem you mention. Like they say, Bitcoin is a solution looking for a problem.
- emteycz 6y agoGold is not much useful to millions of Nigerians while Bitcoin is praised daily there. I think if there was another solution, we would be using it already.