Re:Bitcoin breaks above $20k
by three_seagrass on Wednesday December 16, 2020 @02:54PM
(#25447664)
If the number of people tried who try to transfer money between banks tried to do it on the bitcoin network, you would be waiting months for the same transaction that is taking you a couple business days with banks.
On top of that, you'd also have all the additional risk and liability of dealing with potential fraud and uninsured institutions.
On top of that, you'd also have all the additional risk and liability of dealing with potential fraud and uninsured institutions.