News for hackers. Stuff that matters.

A comment on Bitcoin Surges Past $7,000 to Extend Record Rally. Parent comment

Re:Bitcoin Surges Past $7,000 to Extend Record Rally by aeternus on Thursday November 02, 2017 @02:09PM (#15612748)
Venmo is great for small payments, and makes way more sense than bitcoin for that use case.

Bitcoin's use-case is not microtransactions or payments among friends. It is providing secure and trustworthy payments when no trusted third party exists, independent of governments, companies, etc.

[ Parent | on HN ]
Re:Bitcoin Surges Past $7,000 to Extend Record Rally by nikolay on Thursday November 02, 2017 @02:36PM (#15613027)
I am amazed how many people use Venmo. I'm one of the first adopters, I've never actually used it except to donate the penny I was given when I opened my account, but I see such a diverse crowd using it today daily - it's beyond my most optimistic expectations for it or a similar service! So, PayPal did a great decision to acquire them as Venmo doesn't have the notoriety of PayPal proper!
[ Parent | on HN ]