High rate of crypto illiteracy still makes me sad.
I made a transaction through my bank, Fortunately the money was'nt received by the suppose receiver and i was debited.
I went to the bank for transfer error issue, spending more than 5hours trying to get access into the bank(due to crowd) and 3hrs trying to fix the transfer error.
My point here is that, if i had sent the money in form of crypto(Bitcoin), my transaction would have run smoothly, the only way i would have had an issue was if i had transfer to the wrong address.
Note: Crypto illiterate as mentioned above is not an insult, they are individuals with low crypto knowledge.
What's your opinion ? .
Although I can sympathize with how you would feel. we do not have the same rationale, so we will continue to encounter people who will never embrace Bitcoin in any form. In reality, there isn't much to blame because some people are ignorant of Bitcoin's existence.Anyone who has conducted a Bitcoin transaction before will be able to distinguish it from a bank transfer. Many people have voiced their complaints regarding problems that do happen in bank transactions but up to now no solution to it.