Re:Bitcoin’s Price Was Artificially Inflated Last Year, Rese...
by gomox on Wednesday June 13, 2018 @05:25PM
(#17307087)
I recently helped a techy friend with this and there were a number of pitfalls when dealing with the addresses and the long confirmation timed. The UTXOs abstraction is super unintuitive. Ethereum's account system is much simpler.
Still eithet are a piece of cake and lightning fast compared to normal banks.
So it may be logistically harder, but it's doable enough that it was worth it to avoid having to do an international wire transfer with banks in many cases still stuck in a world of paper and faxes (my bank manager actually boasted about the amount of manual, paper-based back and forth setting up my business account required when I opened it two years ago).