Re:Bitcoin's comeback: should Western Union be afraid?
by weavejester on Wednesday December 21, 2011 @09:24PM
(#3380059)
Needing two exchanges instead of one is a disadvantage in the short term, but a big advantage in the long run, because the receiver of money can whatever exchange they prefer, rather than they expect to be most popular with their audience. In essence, Bitcoin is an open protocol for electronically transferring wealth.
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