Re:The Bitcoin Investment Thesis Is Broken
by lern_too_spel on Tuesday May 24, 2022 @11:39AM
(#31493519)
> But even now I'm pretty sure Bitcoin is faster and cheaper than anything else for settling high value irreversible, remote transactions.
Only if you ignore money transfer laws. If your transfer is legal, the alternatives are easier, cheaper, and faster. If you're willing to ignore the law, you might as well set up a bank that ignores the law and have that bank do the transfer orders of magnitude cheaper and quicker than Bitcoin.
Only if you ignore money transfer laws. If your transfer is legal, the alternatives are easier, cheaper, and faster. If you're willing to ignore the law, you might as well set up a bank that ignores the law and have that bank do the transfer orders of magnitude cheaper and quicker than Bitcoin.