5 ms·

I don't understand. Is the trick in your question the fact that you're inevitably paid in fiat and you have to buy crypto, thus proving that crypto is useless a

• user-the-name 5y ago
  The topic is remittances, and the claim is that cryptocurrencies are good at them. Remittances are when a person in one country sends money to another person in a different country. Usually, the first person works to earn wages, and sends them back home to their family, who use them to pay for living expenses. To do this, you need to go from money in hand to money in hand. Anything else is useless. Again, the claim is that cryptocurrency is good at this. If you want to claim that it is, you have to actually show how to do that exact thing.
  • 0x64 5y ago
    When did I claim such a thing? I claimed that the transaction fees were getting to fractions of cents.
    • user-the-name 5y ago
      The original claim I am responding to is "International remittances in seconds for less than a penny". That, in any reasonable reading, would mean that the sum of all feels required to do "international remittance" would be less than a penny. This is clearly not true. The claim that one small part of the fees is actually less than a penny is not really relevant to this.
      • anonymoushn 5y ago
        In what way is it clearly not true? The end-to-end flow I outlined works for many choices of countries.