Post
Topic
Board Bitcoin Discussion
Re: We already have money. Why do we need Bitcoin??
by
jr3951
on 09/04/2014, 07:18:54 UTC
money -> inflation

bitcoin give me simplest and cheapest way to send money abroad  Grin
2 user which never had heard about Bitcoin, try to figure out how "simple" is for them to send the money from 1 country to another one, even abroad...

Same applies to any foreign currency like Yen, RMB, THB, etc... the list to learn is endless. With bitcoin you need only learn once and then you can go anywhere on the planet
Go to a WU office, drop the money and go to another one, get the money is alot easier.

the point of bitcoin is to be THE worldwide accepted currency, at this stage people won't need to learn about how to use it anymore than people still need to learn how to use email or text messaging, as simple as any other convenience in the modern world

WU is a lot more EXPENSIVE, its around 35$ to send USA-> USA in USD last time I sent money, other money conversions and across borders adds more fees

Bitcoin is simply more efficient as a base money system, thats why it will thrive, its cheaper and easier to use over any distance longer than arms reach, and arms reach ease is only NFC integration away, because it is cheaper to use any economy or group that uses it widely will have an economic edge over anyone who doesn't, it is less wasteful than paper money energy wise and once a person adapts to using it, it is more secure.

Whether we need bitcoin or not is a moot point, bitcoin is here already, and bitcoin will thrive because it is the fittest in the ecosystem