Saturday, 6 April 2019

Even if the spender of Bitcoin buys back that Bitcoin on the market, what they’ve actually done is use Bitcoin as a crappy credit card” -Jimmy Song

“Even if the spender of Bitcoin buys back that Bitcoin on the market, what they’ve actually done is use Bitcoin as a crappy credit card. There’s multiple transactions, more conversion fees and less consumer protections. In other words, it’s much less convenient and thus an inferior method of payment”

https://medium.com/@jimmysong/bitcoins-path-to-method-of-payment-6cb5b3297268

submitted by /u/Eugine42069
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source https://www.reddit.com/r/btc/comments/ba0qbt/even_if_the_spender_of_bitcoin_buys_back_that/

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