3 ms·

Then why should we use bitcoin?

• lmz 9mo ago
  Cash is a bit bulky and can't be sent over fiber.
  • rounce 9mo ago
    https://en.wikipedia.org/wiki/Hawala https://en.wikipedia.org/wiki/Hawala
    • mothballed 9mo ago
      Hawala is such a simple, effective, and relatively anonymous system that bypasses banking that the government had to convince the populace that anyone who uses it is a terrorist. It also helps they use the arab name even though it is of Indian origin.
• CaRDiaK 9mo ago
  Because it’s faster, easier, safer and cheaper to transfer large volumes of capital than say loading a plane with gold or sending a bag of cash.
  • bdcravens 9mo ago
    As long as you're quick to cash in and cash out of it. Potential gains are fun, but losing 10% a month isn't.
    • xvector 9mo ago
      That's not a real problem though, stablecoins exist.
      • bdcravens 9mo ago
        You're not wrong, but the conversation was about Bitcoin, not cryptocurrency in general.