Bitcoin Sees Wall Street Warm to Trading Virtual Currency

Re:Bitcoin Sees Wall Street Warm to Trading Virtual Currency by hudon on Tuesday May 08, 2018 @03:00PM (#17023709)

I'm looking for evidence that Bitcoin is better suited than alternatives. Your example is a CEO who is not sure herself but who is currently trying to make it work... but is ready to leave Bitcoin if it doesn't change soon. She said herself that if Bitcoin doesn't change, the alternatives are better and there will be a "mass exodus". That literally proves my point.

You can say that I said "beneficial use cases" and show me that you can actually send money using Bitcoin. But that's like me showing you a 5-wheeled car and saying "see, you can get from A to B in a 5-wheeled car therefore a fifth wheel is beneficial". That's not sufficient and the CEO of BitPesa seems painfully aware of this.

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Re:Bitcoin Sees Wall Street Warm to Trading Virtual Currency by throwawaylolx on Tuesday May 08, 2018 @03:14PM (#17023854)

If Bitcoin is not better suited than alternatives, why is the CEO still using it despite their complaints?

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Re:Bitcoin Sees Wall Street Warm to Trading Virtual Currency by hudon on Tuesday May 08, 2018 @03:24PM (#17023951)

Maybe she's hoping that Bitcoin improves before she needs to change the core of their system and value proposition, which would cost a lot of time and money? Who knows?

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Re:Bitcoin Sees Wall Street Warm to Trading Virtual Currency by throwawaylolx on Tuesday May 08, 2018 @05:55PM (#17025581)

Then it sounds like Bitcoin is the best suited solution for her situation.

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