3 ms·

This is kind of a use-case for Bitcoin, no?

• capableweb 6y ago
  It's the planned/future use-case for Bitcoin, yes. As of now, you cannot pay a lot of your daily expenses with Bitcoin so you still need a way of going from Bitcoin to USD/EUR/$LOCAL_CURRENCY so instead of Visa and Mastercard being the gatekeepers, the centralized exchange facilitating the fiat-trade is now the gatekeeper instead.
  • deleted 6y ago
    [deleted]
  • pydry 6y ago
    Not exactly future. It happened in 2014 when MasterCard and visa banned payments to wikileaks. Wikileaks continued to take Bitcoin.