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ccortes | 4 years ago

I know a lot of people (including myself) that find blockchain/cryptocurrencies to be great for international money transfers and as a way of saving money using stablecoins with better rates than what we could get on a regular bank.

And yes we know about transferwise and such, it would be cool if it could be used in our countries.

No, de savings are not insured in crypto, but the insurance we get at local financial institutions aren’t that safe either, it only protects up to a certain amount and years can pass before they pay you back if they pay you at all.

discuss

order

scrubs|4 years ago

Consider the following, say in the context of BC: (1) conversion to or from fiat not possible (2) the number of entities accepting BC unchanged.

Question: how would your interest in BC change?