Post
Topic
Board Bitcoin Discussion
Re: What problem does bitcoin solve?
by
Stephen Gornick
on 27/12/2010, 00:52:06 UTC
no fees. no charge-backs. no third party involved = no freezing.
to tell only a few advantages.

And immediate settlement -- the minute a transfer is made to you, those funds can then be spent.  i.e., no 3-day holds on your "deposits", no restrictions applying to new users, etc.