Topic: Oh the irony!!! - page 2. (Read 3684 times)
YAY FOR GOOD NEWS
The irony of waiting on Dwolla USD-based transactions in order to convert into Bitcoins is not lost on me.
Simply by using current online payment systems, one should readily see how superior the coin is. I send my friend in another country money via Bitcoin... 5 min delay. I send myself money from my own bank in my own state to my own account via USD... 3 days. It is faster for me to drive to Canada to pay someone there with cash than it is to wire the money directly to that person's bank. Absurd. Markets do not long tolerate such inefficiencies when alternatives exist.
As Victor Hugo presciently stated, "On résiste à l'invasion des armées; on ne résiste pas à l'invasion des idées."
Simply by using current online payment systems, one should readily see how superior the coin is. I send my friend in another country money via Bitcoin... 5 min delay. I send myself money from my own bank in my own state to my own account via USD... 3 days. It is faster for me to drive to Canada to pay someone there with cash than it is to wire the money directly to that person's bank. Absurd. Markets do not long tolerate such inefficiencies when alternatives exist.
As Victor Hugo presciently stated, "On résiste à l'invasion des armées; on ne résiste pas à l'invasion des idées."
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