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Re: Bitcoin - Magic Computer Money
by
bearbones
on 24/07/2012, 16:29:52 UTC
bearbones

Great point.  However have you tried getting money in and out of some of the exchanges without having to walk cash to back or drug store or waiting days even weeks for a withdrawal to hit?

For traders, merchants, speculators and new users alike this friction is a real pain point. 

So until this bottle neck can be alleviated I'd refrain from calling BTC easy to use.

Once you have BTC in the system. There's nothing better!

Have you tried converting EUR to USD? You have to pay exorbitant fees, walk to a currency changer or bank. It is a hassle. I'd refrain from complicating the issue unnecessarily.