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People are using Bitcoin as currency, today, at scale in El Salvador. https://twitter.com/BitcoinMagazine/status/1465860149470449669 https://twitter.com/Bitcoi
by kjksf 5y ago
People are using Bitcoin as currency, today, at scale in El Salvador.
https://twitter.com/BitcoinMagazine/status/1465860149470449669 https://twitter.com/BitcoinMagazine/status/14658601494704496...
You can pay for a Starbucks coffee by waving your phone next to a terminal because Visa solved the issue of instant, "virtual" payment that doesn't involve dealing with non-scalable technology of dollar bills.
Building similar overlay instant payment network over bitcoin is obviously doable.
- ac29 5y agoI'm not sure that posting a tweet from Bitcoin Magazine that may or may not show someone actually paying for a single meal is evidence that Bitcoin is being used "at scale" as a currency.