91–100 of 237 posts
My parents know about bitcoin, so as far as I'm concerned digital coins are already mainstream. I'm still waiting for them to ask me what an ICO is.
My girlfriends father was an investment banker during the 80s and is long on gold. Every time I see him he asks me about Bitcoin.
Note: I am not a crypto expert.
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" What is cryptocurrency going to help these people do that they can't do already today? " International payments confirmed and spendable in minutes not days. Escaping inflation in Venezuela/Argentina/whoeverisnext. Sending remittance to family overseas without 10% wasted in fees. Receiving monetary donations for organizations that might be victim of oppressive censorship. Participating in modern e-commerce for the u…
> International payments When was the last time you made an international payment? I never made a payment outside of the EU and inside the EU I already have free wire transfers. For most people this is not interesting. > unbanked/underbanked You have the right to a bank account in the EU. > Allowing merchants to save 2% in credit card fees Currently Bitcoin is more expensive for typical transactions. And there's dire…
I tend to believe this is being upvoted because people want to believe this, not because it's actually true.
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But with Google your Mom can find out when the store is open and where it is. Facebook lets grandparents see photos of grandchildren. Reading a blog replaces reading the gossip column in the daily paper. You could finally buy plane tickets without driving somewhere. And so on. The early web was really fucking useful as it started to mature. It solved a lot of real problems. What is cryptocurrency going to help these…
For me the real benefit of bitcoin is how easy it makes it to send money on the internet. If society at large treated bitcoin like a currency (i.e. suitable for settling all debts, whether public or private), the ease with which it can be sent online without intermediaries, anywhere in the world is what's really great about it. Internet money, true international internet money. That's what I like about it. If you jus…
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" What is cryptocurrency going to help these people do that they can't do already today? " International payments confirmed and spendable in minutes not days. Escaping inflation in Venezuela/Argentina/whoeverisnext. Sending remittance to family overseas without 10% wasted in fees. Receiving monetary donations for organizations that might be victim of oppressive censorship. Participating in modern e-commerce for the u…
> International payments When was the last time you made an international payment? I never made a payment outside of the EU and inside the EU I already have free wire transfers. For most people this is not interesting. > unbanked/underbanked You have the right to a bank account in the EU. > Allowing merchants to save 2% in credit card fees Currently Bitcoin is more expensive for typical transactions. And there's dire…
About an hour ago. I'm on holiday ftw.
But even not on holiday ... Quite often. With an extortionate credit card fee.
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> What is cryptocurrency going to help these people do that they can't do already today? "I want to play investor and get filthy rich but don't have enough money to be an accredited investor, playing stocks feels too hard, and angel investing seems too risky." It's solving that problem.
How many shares are outstanding? According to which exchange? Oh, it was recorded on the Bitcoin blockchain? No question, then. What about a deed or title for property? Which of countless organizations and public records sources has the document? If it was entered on the Ethereum blockchain, there's no doubt as to ownership. There's also tracking of goods; outbreak of salmonella? If the trail is available on a blockc…
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Does Trump still use an Android as POTUS? Any info on what make, OS?
I believe it is a Samsung Galaxy 2. A quick search yielded: http://bgr.com/2017/01/26/donald-trumps-android-phone/ https://www.cnbc.com/2017/03/29/donald-trump-apple-iphone-an...
Regardless of whether it will ever go mainstream in the near future, and as a newbie to cryptocurrency, is it expected that, whenever it goes mainstream, the value will? 1) Dramatically rise 2) Rise 3) Behave as usual (depending on current trend) 4) Fall 5) Dramatically fall I just curious. I dabble because some eTailors give discounts for Bitcoin, but I can also invest a bit at any time (just not enough to seriously…
There is a limited total number of bitcoins and the number of bitcoins is increasing very slowly now so technically the more people buy in the more it should go up. Because there is more money in bitcoins but not more bitcoins.
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But with Google your Mom can find out when the store is open and where it is. Facebook lets grandparents see photos of grandchildren. Reading a blog replaces reading the gossip column in the daily paper. You could finally buy plane tickets without driving somewhere. And so on. The early web was really fucking useful as it started to mature. It solved a lot of real problems. What is cryptocurrency going to help these…
" What is cryptocurrency going to help these people do that they can't do already today? " International payments confirmed and spendable in minutes not days. Escaping inflation in Venezuela/Argentina/whoeverisnext. Sending remittance to family overseas without 10% wasted in fees. Receiving monetary donations for organizations that might be victim of oppressive censorship. Participating in modern e-commerce for the u…
Earlier quoted context omitted.
> International payments When was the last time you made an international payment? I never made a payment outside of the EU and inside the EU I already have free wire transfers. For most people this is not interesting. > unbanked/underbanked You have the right to a bank account in the EU. > Allowing merchants to save 2% in credit card fees Currently Bitcoin is more expensive for typical transactions. And there's dire…
According to Wikipedia, remittances were in excess of $560 billion last year, faciliated by 250 million migrant workers[1]. You and I are not the user demographic ;) 1: https://en.wikipedia.org/wiki/Remittance