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> the crypto market is … so important Citation desperately needed.
by rrdharan 4y ago
> the crypto market is … so important
Citation desperately needed.
- breck 4y agoCrypto is a 24/7 global, resilient payments network. It increases the velocity and transparency of money, which will have a huge impact on global economy. Also, if you think customers losing a $8B to FTX is bad, wait until you read about retail banks in the USA taking $30B a year from their customers: https://breckyunits.com/the-great-bank-robbery.html https://breckyunits.com/the-great-bank-robbery.html
- fckgw 4y agoWhen? It's been 13 years.
- automatic6131 4y ago>Crypto is a 24/7 global, resilient payments network. Man, your mind is gonna be blown when you realise that you can have that _right_ now! All you have to do is move to a first world country* *like the UK or any country in the EEA. US not included. I jest, but my point is serious. This is already a reality for anyone living in Europe. It's a political problem (is a 24/7 global payment network important to people in democracies), and incidentally, crypto also faces the same political problem. "ohhh but it's permissionless" yeah nah no one is taking in magic beans for value
- breck 4y ago> you have to do is move to a first world country*...US not included. I know. It's embarrassing. I remember in New Zealand in 2011 had better payments tech than USA in 2023.
- anonymoushn 4y ago> All you have to do is move to a first world country* If you move to the UK you will have 24/7 payments to all other countries?
- rodgerd 4y ago> Crypto is a 24/7 global, resilient payments network. Which crypto?
- breck 4y agoI pay almost all our team with NEAR coin. USA, Europe, Middle East, Africa, Pakistan, India, etc. No problems. All of my headaches come from a the very few I can't pay with crypto (Venmo, paypal, etc).