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It's like asking whether one would use ACH to buy coffee. Yes, nobody uses Bitcoin for transactions per se, but if it were to be used as a currency then one wou
by rajnathani 2y ago
It's like asking whether one would use ACH to buy coffee. Yes, nobody uses Bitcoin for transactions per se, but if it were to be used as a currency then one would transact Bitcoin over more efficient payment ledgers rather than the Bitcoin ledger. This analogy is similar to how Transferwise enables cross-border payments without actually sending the equivalent volume of money across borders. I know this doesn't address your main question, but either way it is worth thinking over when you think of "transacting with Bitcoin".