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A comment on Jack Dorsey expects Bitcoin to become the world's 'single currency' in 10 years. Parent comment

Re:Jack Dorsey expects Bitcoin to become the world's 'single... by 27182818284 on Wednesday March 21, 2018 @10:44AM (#16638414)
I agree, Jack's in-sentence clarification seems much more possible:

"...the internet will have a single currency."

That seems a tad more reasonable. Alice needs money from Bob, they are in different countries, Alice gets bitcoin and trades it for her countries historically used money. Bitcoin becomes ubiquitous for those types of transactions.

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Re:Jack Dorsey expects Bitcoin to become the world's 'single... by untog on Wednesday March 21, 2018 @11:06AM (#16638624)
But that's already possible without bitcoin ever getting involved. Not to mention that (I'd wager) 95% of transactions online are single-currency.

I guess I'm just not seeing the benefit to the end user here. Bitcoin is cool and all, but so far it hasn't actually solved anyone's problems (and isn't it incredibly slow to process a transaction these days?)

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Re:Jack Dorsey expects Bitcoin to become the world's 'single... by bazzlexposition on Wednesday March 21, 2018 @12:14PM (#16639481)
10 minutes on average to process a transaction, the drive thru line is gonna get a lot longer.
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