Post
Topic
Board Bitcoin Discussion
Re: Stop saying Bitcoin is good for money transfer. It isn't.
by
DannyHamilton
on 13/09/2013, 12:48:29 UTC
I assume you mean private keys?

Or were you planning on making a donation to them?

No, no, I meant public...
- snip -

Well you said:

- snip -
and I'll show you how easy it is to use bitcoins to transfer wealth.

So, does that mean that if he posts his public key, you'll send him some bitcoin?

Transfering wealth from one party to another is much easier using bitcoins than bank wires or western union or whatever

Definitely.
Easier and cheaper.

The OP title is misleading.
His problem is actually the difficulty to acquire BTC by spending FIAT.

Yes, most people who complain about the difficulty they are having in obtaining bitcoin assume that it is because bitcoin is difficult.  What they don't seem to realize is that it is the FIAT side of their transaction that is causing the issue.  They are finding it difficult to get FIAT to the bitcoin providing entity in a fast and non-reversible way.  If they could solve their FIAT problem, then they wouldn't have such difficulties in acquiring bitcoin.  Of course if they could solve their FIAT problem, we wouldn't really have a need for bitcoin any longer either.