🍹Early to RISA 🧉@sh.itjust.worksM to Greentext@sh.itjust.works · 6 days agoAnon gives up on Bitcoin in 2010sh.itjust.worksimagemessage-square87fedilinkarrow-up1529arrow-down115
arrow-up1514arrow-down1imageAnon gives up on Bitcoin in 2010sh.itjust.works🍹Early to RISA 🧉@sh.itjust.worksM to Greentext@sh.itjust.works · 6 days agomessage-square87fedilink
minus-squaremerc@sh.itjust.workslinkfedilinkarrow-up1·1 day 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-up1·8 hours agoCertainly cheaper and faster than Western Union, but yeah it’s horribly slow by modern blockchain standards
minus-squaremerc@sh.itjust.workslinkfedilinkarrow-up1·6 hours 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.