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KuntPuncher-

Sooooo……this is the pitch for crypto currency. Let’s say I

want to buy some bread. Instead of just swiping my bank card, I go make an account on coin base, link my bank account, send real money to coin base, buy a currency coin like litecoin, learn how to use wallets, send litecoin to wallet, then find a shop that sells bread and accepts litecoin, open my phone, and then send litecoin payment. Did I get the gist of using crypto currency?

#blockchain #cryptocurrency #english #ltc
0

7 ответов

17 просмотров
Hel-

Just stfu its gettin old

0
03.01.2022
KuntPuncher- Автор вопроса
Hel
Just stfu its gettin old

But is that correct?

0
03.01.2022
KuntPuncher- Автор вопроса
Hel
Again, stfu

But is that correct?

0
03.01.2022
John-

Soooo ...... This is the pitch for fiat currency. Let's say you want to send money to your friend living in a developing country. Instead of just scanning his wallet's qr code, I go open a bank account, he go open a bank account, I link his personal details as a registered payee and wait for bank approval (they may ask for further clarifications and it may take a few days), then I have to swap into his own fiat currency with high fees, send the money to him, then wait that the money arrives with an international swift transfer which can take many days, and all of that if the sending bank or receiving bank doesn't block the transaction for any reason to do a background check, ask for documentation/verifications or even flag the transaction to some authorities Did I get the gist of using fiat currency?

0
03.01.2022
KuntPuncher- Автор вопроса
John
Soooo ...... This is the pitch for fiat currency. ...

Shithole countries are shithole for a reason. People are shithole there.

0
03.01.2022

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