Quote from: forked human on November 24, 2018, 05:08:50 AM

Quote from: guoyu78 on November 19, 2018, 09:50:31 AM

Quote from: Statedapps on November 13, 2018, 10:34:57 AM

It also experiencing arbitrage in the bitcoin economy.
Especially with the tether crash
https://theblockchaintoday.com/bitcoin-arbitrage-across-countries/

To me it has always been the ease of use. I have always supported the fact that bitcoin is a great way of paying someone. I try to pay people with bitcoin and I try to get paid in bitcoin whenever I work, that is my number one option to be paid in. That way it takes almost no time compared to bank payments. Now you may think bank payments are easy and you just click some bank app on your phone to send money to someone and you are done but you are thinking just local.

I mean bitcoin makes that happen on a huge global scale. Someone from USA can send money to someone in nigeria (probably a nigerian prince for example) and it will take just couple minutes at most to arrange that. Yes there are some other things that makes bitcoin amazing but the ease of use will always be my number one reason.

I do agree with the economic importance of Bitcoin and that it has been one great coins in the market do far but economists who formulate policies call it a poison for the economy of any nation and that is the reason this is banned in my country.

Bitcoin is like giving a very simple option for financial transactions, reducing large transaction costs, can be used anywhere and
anyone. the function of bitcoin is very good for the economy, and maybe the role of bitcoin will be more vital in the future.