Re:Bitcoin Halving Just Occured
by reidjs on Monday May 11, 2020 @06:14PM
(#23147761)
I sold a motorcycle over craigslist a couple years ago and I would have much preferred to have the buyer send me bitcoin instead of giving me stacks of 50s. I wasn't able to demand a cashiers check and I wanted to make sure the sale would go through that day. Cryptocurrencies are amazing for large (legit) p2p transactions.
[ Parent
| on HN ]
What would have been better about BTC for that instead of cash? Just the PITA of having a giant pile of physical money to deal with?
Exactly
1) possibility of a miscount & time it takes to count all those bills
2) fear of forgery/fake bills
3) carrying the cash on my person to the atm while living in a sketchy neighborhood
4) no “proof” of how much he paid if it came down to a court/tax dispute