2 ms·

I’m skeptical of Bitcoin as-is for any purpose (except Venezuelan digital gold) and cryptocurrencies generally as a “store of value”, but I can see the value c

I’m skeptical of Bitcoin as-is for any purpose (except Venezuelan digital gold) and cryptocurrencies generally as a “store of value”, but I can see the value cryptocurrencies could provide by offering some method of getting around the unnecessarily bad transaction systems we have in place today at least in the US.

cft 6y ago
The Venezuelan digital gold may come here sooner than many think.
lxgr 6y ago
You don‘t need cryptocurrencies for that. Many people in this thread have already mentioned SEPA – bulk retail payments have been a solved problem in Europe for years, and instant settlement is currently being rolled out.
- Robotbeat 6y ago
  You’re absolutely right. It’s ridiculous we haven’t solved this already. The value of cryptocurrency is inversely proportional to how functional the regular digital banking system is.
- omilu 6y ago
  Crypto advantage is no need to rely on or trust a 3rd party.
  - deleted 6y ago
    [deleted]
hshshs2 6y ago
bitcoin is way better than us banks until you want to get you money out of bitcoin, then it’s worse