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> Why would anyone be willing to pay 100x more? Transferring money across geographies is one of the prime use-cases for crypto these days.

• hocuspocus 6y ago
  No, it is not. I've lived in several countries/continents in the past decade. So did many friends. We used traditional banks and newer players like Transferwise. Using BTC or any other shitcoin would have been less practical, riskier and more expensive, when not downright illegal (some countries control and limit capital outflows).
  • 177tcca 6y ago
    Riskier only because of the lack of experience of the people involved, and the UX gaps still being filled in - cryptocurrency is a very early-stage success(?) story of what will be a 1,000+ year journey.
    • killingtime74 6y ago
      You sound like a high priest of Bitcoin lol... “1000+ year journey”
      • 177tcca 6y ago
        How do you imagine money in 50, 500, 5000 years?