Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will fail
by
CtrlAltBernanke420
on 31/05/2013, 14:46:23 UTC
Next could be the remittance market. That will bring a new subset of peers and new challenges. This experiment is just getting started.    

Remittance is the opposite of greed... Ding ding ding!

How does one earn a Bitcoin through labor to send home to family?


but this also does little if I try and send my buddy in china a bitcoin, he needs to then transfer it to an exchange, sell it, wait 3-5+days to recieve a check so he can go spend it. If he can not spend a bitcoin, remittance is a dud idea until a bitcoin based economy is already up and running.

Again fiat wins,, if bitcoin based projects are not the main focus right now.