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by pixie_
3100 days ago
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It's not just fun, it's really practical. Every time I have to wait days to transfer money between Robinhood, my bank, exchanges, etc.. I'm reminded of the value of crypto currency. Wire transfers and moving money internationally has higher fees and is more complicated than sending crypto. Also I don't need a bank account to store it. I don't need to go through middle-men like paypal, venmo, visa, etc.. to send it. The biggest problem with crypto right now is not enough people/business are using it so we have to currently exchange it to/from USD, etc.. Also the crypto of choice (bitcoin)'s parameters aren't optimal so something like litecoin is more practical. |
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