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Could you elaborate on that? I myself write a lot on how Bitcoin can be used for not only "serious" purposes, but also for purposes impossible without Bitcoin (
by oleganza 13y ago
Could you elaborate on that? I myself write a lot on how Bitcoin can be used for not only "serious" purposes, but also for purposes impossible without Bitcoin (blog.oleganza.com).
Since Bitcoin is at very least is just an asset, any money business that exists today can use Bitcoin and enjoy lower costs of handling it. Then, there are special properties that make possible entirely new business models. Of course, Bitcoin itself is not without risks of crypto failure or miners' attack, but so is any other asset: gold can be stolen, govt money can be inflated or confiscated, milk can be spoiled etc.