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If you are sending cash numerous times in the mail I would say this is a problem and technical solutions that aim to improve on this are beneficial. That said,

If you are sending cash numerous times in the mail I would say this is a problem and technical solutions that aim to improve on this are beneficial. That said, you and the receiving party may be living in more fortunate conditions. Many people in the world live in apartments, with mail rooms that are not well secured and are frequent targets of package theft. Domestic wires are slow in many countries, in the order of days, and costly[1]. My ETH transactions are done in 30sec, fees are usually less than a dollar, and they are pseudonymous - primarily only known to my CEX and government. The transaction is traceable while in transit and proof of payment easily found. To me, it sounds like you are writing off ETH transfers without having actually used them. [1] https://smartasset.com/checking-account/how-long-does-a-wire-transfer-take https://smartasset.com/checking-account/how-long-does-a-wire...

throwaway81523 4y ago
Why do you want a CEX and the government to have their hands in your transactipn? Does the recipient also have to deal with a CEX? If yes, that is another hurdle. And why do you keep referring to package theft when the cash is sent in an envelope and not in a package? Packages get stolen because they have stuff inside. Envelopes that look like random personal correspondence is much less attractive. If you have any stats about mail theft that is about envelopes, I'd like to see them, but stats about packages are something different imho. Fwiw, I live in an apartment, and any letters are delivered to my mailbox, which has a lock. There is not much likelihood of letters getting stolen after delivery. Packages that don't fit in the mailboxes are left on top of the mailbox, and those are much more exposed to getting stolen. Yeah I'm not speaking for other countries, not all of which have functioning payment systems. ETH (current version) does sound more efficient than BTC.

throwaway81523 4y ago

Why do you want a CEX and the government to have their hands in your transactipn? Does the recipient also have to deal with a CEX? If yes, that is another hurdle. And why do you keep referring to package theft when the cash is sent in an envelope and not in a package? Packages get stolen because they have stuff inside. Envelopes that look like random personal correspondence is much less attractive. If you have any stats about mail theft that is about envelopes, I'd like to see them, but stats about packages are something different imho. Fwiw, I live in an apartment, and any letters are delivered to my mailbox, which has a lock. There is not much likelihood of letters getting stolen after delivery. Packages that don't fit in the mailboxes are left on top of the mailbox, and those are much more exposed to getting stolen. Yeah I'm not speaking for other countries, not all of which have functioning payment systems. ETH (current version) does sound more efficient than BTC.