Great post however it's not really news, these things take tens of years to change unfortunately.
Just gotta roll with the times.
Just gotta roll with the times.
No, I don't care about changing those things. I want everybody to get into crypto now
Topic: Banking system + Government is paralyzing bitcoin (Read 564 times)
No, I don't care about changing those things. I want everybody to get into crypto now
As much as i want and hope to see it become a reality someday, these things just take time. Just have to be patient for now
Interesting hypothesis.
Great post however it's not really news, these things take tens of years to change unfortunately.
Just gotta roll with the times.
Just gotta roll with the times.
No, I don't care about changing those things. I want everybody to get into crypto now
The banking system is getting better here in europe, because they introduced SEPA.
With SEPA wire transfers you get a garantueed maximum transaction time of one working day. Between certain banks, it's even down to about one hour!
With SEPA wire transfers you get a garantueed maximum transaction time of one working day. Between certain banks, it's even down to about one hour!
Great post however it's not really news, these things take tens of years to change unfortunately.
Just gotta roll with the times.
Just gotta roll with the times.
Can't agree more. I can imagine how much Bitcoin will flourish without govt and bank system intervention.
Coinbase/Circle = slow. Why? ACH system is old and shit.
Buying BTC with a credit card = expensive. Why? Credit card system is shit and full of fraud.
Wire transfers to exchanges = slow, Why? SWIFT interbank transfer system is old and slow and shit.
ETF approval = slow, Why? SEC is slow and shit.
Chinese businesses like Baidu not accepting bitcoin = not happening. Why? Government
As long as we try to be half in bitcoinland and half in governmentland, it's going to continue to suck. It's time to go 100% crypto. If you want USD, then just use bitUSD.
Buying BTC with a credit card = expensive. Why? Credit card system is shit and full of fraud.
Wire transfers to exchanges = slow, Why? SWIFT interbank transfer system is old and slow and shit.
ETF approval = slow, Why? SEC is slow and shit.
Chinese businesses like Baidu not accepting bitcoin = not happening. Why? Government
As long as we try to be half in bitcoinland and half in governmentland, it's going to continue to suck. It's time to go 100% crypto. If you want USD, then just use bitUSD.
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