News for hackers. Stuff that matters.

A comment on Systems built on trust, norms, and institutions function better than blockchain. Parent comment

Re:Systems built on trust, norms, and institutions function ... by slededit on Friday April 06, 2018 @03:16PM (#16776472)
I moved from the US to Canada. Banks wanted to hold my transferred money for a month even though they got the cash within 3 days.

with cryptocoins I wouldn't have had to move the money at all.

[ Parent | on HN ]
Re:Systems built on trust, norms, and institutions function ... by wsy on Friday April 06, 2018 @03:44PM (#16776709)
So why didn't you convert your USD to Bitcoins, move, then convert your Bitcoins back to CAD as you needed CAD?
[ Parent | on HN ]
Re:Systems built on trust, norms, and institutions function ... by slededit on Friday April 06, 2018 @04:10PM (#16776938)
I kept the money in kind. It was merely transferred from bank to bank.

FWIW I kept my BTC in kind as well.

[ Parent | on HN ]