News for hackers. Stuff that matters.

A comment on Tesla buys $1.5B in Bitcoin, may accept it as payment in the future. Parent comment

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by nly on Monday February 08, 2021 @10:48AM (#26066061)
The shitty American bank system doesn't make something that works slightly better a 'paradigm shift'.

https://transferwise.com/gb/send-money/instant-money-transfe...

[ Parent | on HN ]
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by mrb on Monday February 08, 2021 @12:12PM (#26067250)
As I said in another comment:

It's impossible for 2 new unverified users to sign up to TW and send money instantly within 1 hour, cash in hand. Lengthy verification steps, etc. So TW wouldn't have worked in our urgent situation.

[ Parent | on HN ]
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by nly on Monday February 08, 2021 @12:55PM (#26067783)
In many places you can't buy significant amounts of Bitcoin easily without following KYC / ID steps. The regulations aren't going to get any looser going forward, they will tighten.
[ Parent | on HN ]
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by eecks on Monday February 08, 2021 @07:16PM (#26072204)
That is not what is being discussed though.
[ Parent | on HN ]