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Time is more valuable than gold. Crypto saves time. Some experiments to test for yourself and measure the time elapsed: pay someone in a foreign country. Do it
by breck 6y ago
Time is more valuable than gold. Crypto saves time. Some experiments to test for yourself and measure the time elapsed:
pay someone in a foreign country. Do it again except at 2am on a Sunday.
Wire someone some money. Now do the same outside bankings hours. Now do the same but try and do a test transaction first.
Try setting up a new company. Add a vesting clause. Now handle actual distribution of dividends. Measure the time and legal fees in the non crypto version.
- lottin 6y agoSo have you measured the time that you save in any of these situations by using a cryptocurrency? It seems that you make a series of questionable claims and we just have to believe that what you say is true.
- breck 6y agoReading "Some experiments to test for yourself" as "we just have to believe that what you say is true" is an interesting interpretation.