Post
Topic
Board Altcoin Discussion
Re: Decentralized Currency Issuers May Still Require License
by
username18333
on 17/05/2015, 02:44:00 UTC
Some interesting arguments and I thought about it for a while and I agree that the comparison of buying power of alt coins vs debit/credit cards lacks incentives for the every day user. Some advantages I can thinks of (feel free to add to the list) are:
  • Low transaction cost
  • International transactions
  • Fast transactions
  • Low entry threshold (no money/paperwork needed to setup an account)

1. Exchange fees.

2. Exchange fees × 2.

3. 30 min. for 3 confirmations.

4. KYC at exchanges.