Bitcoin is a disaster

Re:Bitcoin is a disaster by aplummer on Thursday December 31, 2020 @06:52PM (#25598750)

> But maybe you can appreciate that I don't want to have to jump through those hoops just to be able to send someone $100 digitally.

Surely you store fiat currency somewhere, and isn't there a "transfer money" button where you plug in an account number and institution and the money arrives shortly after?

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Re:Bitcoin is a disaster by michaelmrose on Thursday December 31, 2020 @07:39PM (#25599193)

for almost 1/4 of the population of the US that isn't actually true.

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Re:Bitcoin is a disaster by jen20 on Friday January 01, 2021 @06:43PM (#25608560)

While I assume you're talking about those without bank accounts in this statistic, it's also not true of most bank accounts in the US either so far as I can tell.

The inability to make transfers immediately and without fees between accounts held at different banks is bizarre for those used to UK banking.

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