| Criticisms are okay, but this isn't a good criticism. From the article: > Let’s start with this: Venmo is a free service to transfer dollars, and bitcoin transfers are not free. Yet after I wrote an article last December saying bitcoin had no use, someone responded that Venmo and Paypal are raking in consumers’ money and people should switch to bitcoin. Not everyone has access to Venmo or PayPal. For instance, sex workers are routinely booted off the platform in the US with their funds being frozen. People in developing countries also may not have access. > In fact, I would assert that there is no single person in existence who had a problem they wanted to solve, discovered that an available blockchain solution was the best way to solve it, and therefore became a blockchain enthusiast. How about people that want to hold western stable coins and they are legally prevented from holding dollars or similarly stable currency? |