Ask HN: Is anyone using BTC or cryptocurrencies for transactions

Re:Ask HN: Is anyone using BTC or cryptocurrencies for trans... by sternocleidom on Friday February 23, 2018 @09:14AM (#16446392)

I don't, and I think part of why it's not used so much for transactions is privacy. Most cryptocurrencies provide a public log of all transactions.

Bitcoin Private https://btcprivate.org/whitepaper.pdf will add privacy, we'll see how it goes. Also LiteCoin is introducing LitePay in a few days, which might change things.

NewYorkCoin https://www.wsj.com/articles/newyorkcoin-gains-traction-in-c... is actually used as currency in NYC, and is fast enough and has no transaction fees.

So we're at the early stages of things, but between Bitcoin Private, Litecoin, and NYCoin, I expect lots more people will be buying with cryptocurrencies over the course of 2018

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Re:Ask HN: Is anyone using BTC or cryptocurrencies for trans... by nikajon_es on Friday February 23, 2018 @09:50AM (#16446583)

Interesting... it seems that the smaller alt coins may be used for transactions, but theres a ton of them, and trying to support transactions in all of them may be difficult. Thanks for your thoughts.

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