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I'd imagine the greatest benefit would be as a low friction P2P payment option. It's still hard to just send a fixed amount of money to someone with traditiona
by ewoodrich 12y ago
I'd imagine the greatest benefit would be as a low friction P2P payment option.
It's still hard to just send a fixed amount of money to someone with traditional payment systems, and if both parties have and use BTC, it would be pretty convenient.
- dangerlibrary 12y ago> a fixed amount of money That's still tricky with bitcoin, though, no? You can certainly send a fixed amount of BTC, but that value is probably going to get pegged to a national currency when you want to spend it.
- ewoodrich 12y agoTrue, which is part of the reason I've held off on buying any (price volatility still concerns me). In theory though, it is a superior payment transfer method between individuals, compared with the current system. But it has a lot of drawbacks right now, as well.
- tzs 12y ago> It's still hard to just send a fixed amount of money to someone with traditional payment systems [...] How about Venmo? That looks pretty easy.