🍹Early to RISA 🧉M to Greentext · 1 month agoAnon gives up on Bitcoin in 2010imagemessage-square87fedilinkarrow-up1580arrow-down116
arrow-up1564arrow-down1imageAnon gives up on Bitcoin in 2010🍹Early to RISA 🧉M to Greentext · 1 month agomessage-square87fedilink
minus-squaremerclinkfedilinkarrow-up1·1 month agoYou don’t need to hold it on an exchange, but you need an exchange. You need some place where you can find people who want to buy Argentine Pesos and sell Bitcoin so that you can buy Bitcoin and sell your Argentine Pesos. cheap & fast international settlement You think Bitcoin is cheap and fast?
minus-squaredoylio@lemmy.calinkfedilinkarrow-up1·1 month agoCertainly cheaper and faster than Western Union, but yeah it’s horribly slow by modern blockchain standards
minus-squaremerclinkfedilinkarrow-up1·1 month agoAlso slow compared to actual payment processing networks for real money.
You don’t need to hold it on an exchange, but you need an exchange. You need some place where you can find people who want to buy Argentine Pesos and sell Bitcoin so that you can buy Bitcoin and sell your Argentine Pesos.
You think Bitcoin is cheap and fast?
Certainly cheaper and faster than Western Union, but yeah it’s horribly slow by modern blockchain standards
Also slow compared to actual payment processing networks for real money.