Re:El Salvador abandons Bitcoin as legal tender after failed...
by verdverm on Tuesday February 04, 2025 @02:13AM
(#42929110)
I was emailing rent to my roommate 6+ years ago for zero fees with GPay, it's hard to see it being easier than that.
Re:El Salvador abandons Bitcoin as legal tender after failed...
by whimsicalism on Tuesday February 04, 2025 @10:40AM
(#42933769)
well, it is. for instance, for my rent rebalancing i have to pay more than $2500 and gpay doesn’t allow that. the fees would be fractional cents.
in fact short of wiring i have not found any service allowing me to send more than that in a day and certainly not with instant deposit
gpay takes 1-5 days to appear in account, i can spend the money i transfer here immediately
Re:El Salvador abandons Bitcoin as legal tender after failed...
by verdverm on Tuesday February 04, 2025 @03:29PM
(#42938139)
Too many malicious actors in crypto for it to become mainstream, sorry, not sorry
The community needs to self police and remove this problem if they ever want me to give it a third chance. There are several other fundamental issues in crypto, so not sure this will be enough on its own to reach mainstream adoption
For example, I don't want my transaction history on a public ledger, encrypted or not
Re:El Salvador abandons Bitcoin as legal tender after failed...
by desumeku on Tuesday February 04, 2025 @04:06PM
(#42938682)
"Crypto needs to self-police and remove malicious actors" and "Crypto needs to stop having a public ledger" are two contradictory actions where achieving one would make the other impossible.
e: and i’m no crypto obsessive really, i don’t think it was usable even 3 years ago but it’s pretty handy now, can easily send $20 in usdc on base or use it to purchase carbon offsets or use it on election/sports betting or use it to purchase deepseek r1 credits…