3 ms·
Their point is that the current decentralised Bitcoin is functionally unusable and simply not ready for mass use. In that sense, a truly decentralized Bitcoin
by Chabsff 4y ago
Their point is that the current decentralised Bitcoin is functionally unusable and simply not ready for mass use.
In that sense, a truly decentralized Bitcoin that people can actually make use of doesn't exist.
- la_fayette 4y agoThat is definitely not true. As mentioned there is local bitcoins, atms, meetups, bisq, just to name a few options, were you can exchange bitcoin for fiat. The options are there, are used and are even mature.
- Chabsff 4y agoCentralized exchanges provide a lot more essential facility than fiat to bitcoin conversion. In particular, they provide acceptable transaction fees and acceptably fast transaction turnaround time.