• 0 Posts
  • 134 Comments
Joined 1 year ago
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Cake day: August 4th, 2023

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  • Except for less than a handful of countries worldwide, bitcoin can’t pay your rent, your mortgage, your groceries, your gas, your tuition or anything in day-to-day life. It is effectively not usable as payment for basic things yet, you would die if that was all you had.

    I can spend money (even digitally) without any fees at all, no functional delay (as in, I’m not bothered by the technical delay), no need to convert it and wait for the fiat to be paid out to me from an exchange. that is not doable with crypto.

    Crypto may get there one day, but it is still very far from being there after 15 years.



  • There are many payment services that require pretty much nothing from the server/instance once implemented, and doesn’t cost anything for the instance (the fees are taken from the payer), specifically to address the issues you mention. It’s already a solved issue.

    With bitcoin everyone now has to go to an exchange to convert the pseudo-currency to actual usable currencies, which is a much more annoying middleman IMO, which will then also take a cut.