Re:Apple co-founder Steve Wozniak hopes Bitcoin will become ...
by threeseed on Monday June 04, 2018 @09:23PM
(#17234215)
I am referring to the use of Bitcoin as a mass market currency. Physical currency is still useful in many situations where there is (a) no/intermittent networking, (b) when the cost of the purchase is less than the financial overheads and (c) for truly anonymous purchases.
I could keep going. There is a reason that even in countries like Australia where we have widspread tap to pay that cash is still pervasive.
Re:Apple co-founder Steve Wozniak hopes Bitcoin will become ...
by cup-of-tea on Tuesday June 05, 2018 @08:31AM
(#17237007)
There's no reason bitcoin can't coexist with physical currency. An interesting question is if bitcoin were accepted everywhere, what would people trust more? Bitcoin or bits of paper printed by the government?
Re:Apple co-founder Steve Wozniak hopes Bitcoin will become ...
by stealthmodeclan on Tuesday June 05, 2018 @02:29AM
(#17235419)
Go to China. I do not carry cash at all.
Do you get paid in something physical? Do you think there are notes or precious metals sitting in a safe somewhere that you just never use? I suggest you study money. Also don't use the word whom unless you know how to.