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> And crypto gives the entire world that great experience, without needing a bank or a government ha ha keep drinking the kool aid: - crypto is difficult to u
by retube 5y ago
> And crypto gives the entire world that great experience, without needing a bank or a government
ha ha keep drinking the kool aid:
- crypto is difficult to use (really, no one wants the hassle of managing private keys)
- transactions are irreversible (i realise by design, but actually most people just want some measure of fraud protection)
- often high transaction costs
- slow transaction times (>10 mins for btc, often longer, versus literally instant for conventional payments)
- very, very limited transaction rates.
- oh and you could easily lose your cash with no recovery (go to point one re private keys)