Hacker News new | ask | show | jobs
by ntoskrnl 1451 days ago
https://www.yahoo.com/video/ukraine-government-using-crypto-...

> Chobanian says vendors are stepping up to accept crypto in exchange for supplies and crypto is proving to be more efficient than traditional payment methods.

> “It's really difficult to [send money] using traditional methods. First of all, it takes a lot of time. Secondly, it's a lot of bureaucracy and so on. Here, we are really fast. So we receive money and we spend it almost immediately,” Chobanian said.

https://www.yahoo.com/video/least-14m-26m-donated-crypto-215...

> “We're doing it really efficiently,” Chobanian added. “The majority of spending is actually done in crypto.”

1 comments

Of course he would say that it's super-efficient and better than using existing banks, Chobanian runs a crypto exchange.

It's impossible to imagine a crypto exchange founder saying anything different.