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A comment on Bitcoin could become ‘worthless’, Bank of England warns. Parent comment

Re:Bitcoin could become ‘worthless’, Bank of England warns by authed on Wednesday December 15, 2021 @07:10AM (#29564868)
It is being used to transfer money in other countries to avoid the fiat shit show.
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Re:Bitcoin could become ‘worthless’, Bank of England warns by bwb on Wednesday December 15, 2021 @07:24AM (#29565001)
I will admit this is useful, although the fluctuations is a PITA and if you can do GUSD it is better. I've done this to pay contractors in Brazil and other places with high banking fees.
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Re:Bitcoin could become ‘worthless’, Bank of England warns by killertcell on Wednesday December 15, 2021 @07:21AM (#29564968)
>avoid the fiat shit show

it has its shitshow of its own - see $actual_crypto_exchange_busted

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Re:Bitcoin could become ‘worthless’, Bank of England warns by bottled_poe on Wednesday December 15, 2021 @07:20AM (#29564953)
“the fiat shit show” - aka taxes and other laws.
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Re:Bitcoin could become ‘worthless’, Bank of England warns by authed on Wednesday December 15, 2021 @07:21AM (#29564967)
I was talking about artificial delays, high fees and things like that... You can have very low fees and near instant transfers with some Cryptos.
[ Parent | on HN ]