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by danielmg
1830 days ago
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It will never be used as a general currency by the man on the street. For example in the UK we have Direct Debits which are backed by the DD Guarantee. If a DD is wrong or fraudulent the bank must refund you without question and they initiate a DDIC (indemnity claim) against the creditor bank. This could not happen with Bitcoin. Same for problems such as push-payment fraud - they are rolling out confirmation of payee to try to tackle this. How could Bitcoin be a viable payment method in it's current form when addresses are anonymous (in the context of PPF)? |
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70% if people in ES don’t have a bank acct.
50% have internet.
Take a look at the Bitcoin beach experiment
https://apnews.com/article/caribbean-el-salvador-bitcoin-lif...