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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 therealdrag0 on Monday February 08, 2021 @05:48PM (#26071349)
How many of those benefits are based on regulation avoidance and will go away after crypto is more main stream or after its disruption will force institutions into offering more agile features through existing institutions (like faster cheaper transfers)?
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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by lawn on Monday February 08, 2021 @10:22PM (#26073469)
The only ones legally questionable are the use of darknet markets and offshore banking (which isn't illegal, but maybe should be).

While it's true that other solutions may improve, and I think they might be forced to, it's difficult to imagine middlemen surviving when the fee they can extract goes to zero. It's also difficult to imagine another system providing irreversible transactions as quickly as cryptos do.

And I don't think any of the benefits go away after crypto goes mainstream.

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