bitcoinbutter

6 ms·

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by bitcoinbutter 8y ago
Crypto in this case is also being used as an authentication / password replacement system. Signing with your wallet address proves you are a specific person. So that alone is a great reason to include the wallet.
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by bitcoinbutter 8y ago
It's a combination of factors. As mentioned in the original link, PayPal has an advantage because a portion of transactions are done internally using PayPal balance. This results in an instant and free transaction. They also have a net
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by bitcoinbutter 8y ago
Comparing what the top 10% paid vs bottom 50% is silly. The issue at hand is wealth inequality. Clearly the top earners are paying much more in tax from a clear dollar to dollar perspective. They own all the wealth. Taxes are one of the onl
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by bitcoinbutter 8y ago
Losing access to Facebook can be pretty brutal. Specifically messenger. I actually had my Facebook temporarily suspended for 72h and I felt it. It made it harder to contact with family ( we use group chat on messenger). I was still able to
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by bitcoinbutter 8y ago
The infrastructure just isn't there yet really. Many SEA countries have a ton of students in the IT field though. Vietnam has a ton of young people learning to code in University. The difficulty is finding someone with the appropriate
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by bitcoinbutter 8y ago
Yes, Facebook is very popular for expat groups around the world. Nearly every city with an active expat community has an extremely active Facebook group where people communicate. It's automatically assumed that other expats in the area
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by bitcoinbutter 8y ago
These mining ICOs are incredibly scammy. Look at what happened with Envion. 100M raised in ICO which promised huge returns. Now the founders claim the CEO had illegally taken control of the company. It's all just smoke and mirrors. The
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by bitcoinbutter 8y ago
The capital flight occurs when people buy the Ethereum or Bitcoin which they need to purchase the ICO.