Re:Bitcoin is a disaster
by uncletammy on Thursday December 31, 2020 @09:26PM
(#25600209)
There's not a good reason. Of all the cryptocurrencies, BTC is one of the worst for this use case.
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Re:Bitcoin is a disaster
by _-___________-_ on Thursday December 31, 2020 @10:13PM
(#25600479)
Of course there's a good reason. BTC is much, much easier for the Indonesian person on one side of the contract to purchase with their local currency, and much, much easier for the Russian person on the other side of the contract to liquidate into their local currency. Almost any country has a highly liquid market of local currency <-> BTC, and that's often not true for any other crypto.