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by Nursie
2448 days ago
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> You claim that people don't want autonomy when this is clearly untrue. The vast majority don't. I agree, there are some small edge cases where this may be desirable, but these are neither mass market nor have mass appeal. For most use cases it's worse than the existing system by a long way. > someone in the West wishing to make an international payment but not wanting to wait 2-5 days for a SWIFT payment to clear whilst also incurring a number of handling and transaction fees. That person might want to move into the 21st century and stop complaining about things that changed in the 90s. For instance in the EU we can send between countries effectively instantly and mostly free, with fewer middlemen and fees than a similar transfer using cryptocurrency requires. And even to non EU countries the middlemen and fees are pretty low compared to the multiple fees and less than trustworthy parties you need to involve to transfer money using BTC. And I'm sorry, but I don't believe BTC is much help to that many people in Venezuela or Hong Kong, I believe these are cryptocurrency-enthusiast's fantasies. |
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