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There are far better options, though admittedly not as widely supported as they should be. In Netherland, there are a lot of ways to simply use direct bank tran
by mcv 4y ago
There are far better options, though admittedly not as widely supported as they should be. In Netherland, there are a lot of ways to simply use direct bank transfers. You can buy at a webshop using iDeal, which handles the payment through your own bank. You can send someone a payment request that will simply transfer it straight from their bank to yours. All of these are far superior options to relying on either an unreliable third party, or a slow, expensive payment system using its own wildly fluctuating currency that consumes the energy of a small country.
- everfree 4y agoIt must be nice to live in the Netherlands. > slow, expensive payment system using its own wildly fluctuating currency that consumes the energy of a small country You don't have to use Bitcoin, you can e.g. use a stablecoin on an Ethereum roll-up. It's not slow; transactions finalize within 1 minute (and soon, less). It's not expensive; it costs less than 10 cents (and soon, less). It doesn't fluctuate wildly, because it value is stabilized using one of several mechanisms. It doesn't consume the energy of a small country, because it does not use proof of work.