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Is bitcoin an alternative to cash? No. Its value is too volatile, its transaction fees are too high, its clearance speed is too slow, and if anyone rips you of
by MrGuts 5y ago
Is bitcoin an alternative to cash?
No. Its value is too volatile, its transaction fees are too high, its clearance speed is too slow, and if anyone rips you off you are reduced to begging.
What's a good replacement for fiat cash? Easy: fiat cash.
- noman-land 5y agoWhat if you want digital cash to enable global trade?
- errantmind 5y agoPlease look up Bitcoin's Lightning Network. There really is no excuse for perpetuating outdated information, it has been out for a while and has substantial use.
- version_five 5y agoI looked it up before I posted this Ask HN. I did not see an obvious answer to any of my questions. Do you have some additional information about how I can use the lightning network to address what I'm asking about in my post?