Re:It’s easier and cheaper to use bank wires than Bitcoin
by kozak on Thursday September 29, 2016 @12:52PM
(#12606805)
Where "it" is Bitcoin and not USD.
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Re:It’s easier and cheaper to use bank wires than Bitcoin
by dlp211 on Thursday September 29, 2016 @01:07PM
(#12606924)
But bitcoin needs to be transformed back into a currency at some point to use it. There is no point in a wire transfer if the person at the other end isn't going to use it.
Yes, some retailers accept bitcoin, most don't.
Re:It’s easier and cheaper to use bank wires than Bitcoin
by isfield on Thursday September 29, 2016 @01:40PM
(#12607199)
I always felt the dream with BTC was to trade without the need to convert back. That BTC be a competing but decentralized currency - in its own right.
Re:It’s easier and cheaper to use bank wires than Bitcoin
by mywittyname on Thursday September 29, 2016 @01:18PM
(#12607016)
Even those that do price in their local currency.