Re:Bitcoin Is More Expensive to Keep Safe Than Gold
by ben_w on Friday November 24, 2017 @07:44PM
(#15773804)
In the third world, quite a lot of people don’t have a bank account, or at least not a conventional one as we would understand them. A common alternative is M-Pesa, which is phone based, and I don’t mean smartphone: https://en.m.wikipedia.org/wiki/M-Pesa
I don't think this is true at all? All I have to do to acquire Bitcoin is sign up for an account at an exchange, link my bank account, and then hit the buy button. It's exactly as easy to acquire as stocks.
Contrast with physical gold, which I wouldn't know where to acquire.