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A comment on Bitcoin Approaches $10,000 a piece. Parent comment

Re:Bitcoin Approaches $10,000 a piece by 189723234 on Monday November 27, 2017 @08:50AM (#15787256)
>I can't really think of many reasons why you would use crypto to pay for a coffee or a sandwich if you live in the West (or frankly, even most developing nations).

If you had the choice between a form of currency not controlled by a bunch of extremely corrupt entities that is much more convenient and cheaper in terms of storage and transactions, why would you use traditional money? I can't even transfer money to my friend overseas, it is too difficult.

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Re:Bitcoin Approaches $10,000 a piece by 0bsidian on Monday November 27, 2017 @08:57AM (#15787315)
You're preaching to the choir, I love BTC.

I realise that I haven't been clear.

The point I was trying to make is only that you don't need for Bitcoin to be a replacement to visa in order to justify current skyrocketing valuation.

I would venture that Bitcoin's censorship-resistant store of value use case is enough to justify current valuation.

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