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by cherryteastain 405 days ago
[flagged]
2 comments

Yeah just let me buy my coffee while travelling... waiting for confirmation... sorry still waiting. Shit, I missed my flight (who don't accept cryptocurrency)
Valid point for bitcoin, but should be a non issue on other chains like Solana/Cardano or even to an extent Ethereum
While opening a whole other can of worms of issues. A normal established bank also solves this.
There are many instances of traditional banks seizing the funds of legitimate customers citing KYC/AML reasons as well.
There are many instances of people losing their whole crypto wallets, without any recourse to reach an institution or through the legal system.

As a business you need the support of the legal system to lessen risk, no sensible business owner is going to depend solely on crypto wallets for making payroll, paying suppliers, or keeping cash flow for expenditures...