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Transaction costs here ( a stable country) costs 10 cents. Bitcoin is currently at 4,5 $. I wouldn't buy any bread with it. Online platforms also didn't care
by NicoJuicy 5y ago
Transaction costs here ( a stable country) costs 10 cents.
Bitcoin is currently at 4,5 $. I wouldn't buy any bread with it.
Online platforms also didn't care about crypto after they implemented it in 2017. History repeats itselves.
And i think the problems of those countries are bigger and won't be solved by Bitcoin. Guess we'll just have to wait and see about adoption, just like in 2017 when it never happened.
- devops000 5y agoStill not clear why use BTC to send money versus Venmo/PayPal. Less fees, better UX and a customer support.
- NicoJuicy 5y agoYeah, neither do I. Keeping your Bitcoin on a "hot wallet" would be what most people do and it's definitely not safe. Governments here also guarantee till 100 k. Which can't be replicated with a cryptocurrency ( yet? ) Because of lack of centralization.