You Do Not Need Blockchain: Popular Use Cases and Why They Do Not Work

Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by tchaffee on Friday February 22, 2019 @04:06PM (#19229114)

Bitcoin is a good backup currency for travel. I tend to use my regular bank card, but I've been in situations where none of my bank cards work at the local ATM. I know the article is about blockchain in general. But I think it's worth pointing out a legal and good use case that might not be obvious to people who don't travel.

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Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by jfk13 on Friday February 22, 2019 @04:25PM (#19229251)

And how often do you find, when your cards don't work, that the local coffee shop, hotel, or train station accepts bitcoin?

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Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by tchaffee on Friday February 22, 2019 @04:30PM (#19229286)

All you need is one place willing to accept it and give you local cash. I also usually bring USD because there is usually someone in every country who wants that. But securing physical cash is a hassle and if Bitcoin became more widespread I'd stop bringing USD.

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Re:You Do Not Need Blockchain: Popular Use Cases and Why The... by reidjs on Friday February 22, 2019 @05:34PM (#19229775)

There’s a bunch of bitcoin atms that have been popping up recently. The exchange rate is awful, though, I personally would never use one unless I absolutely had to.

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