Greentext

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This is a place to share greentexts and witness the confounding life of Anon. If you're new to the Greentext community, think of it as a sort of zoo with Anon as the main attraction.

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Early_To_Risa@sh.itjust.works

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Anon gives up on Bitcoin in 2010 (sh.itjust.works)

submitted 1 week ago by Early_To_Risa@sh.itjust.works to c/greentext@sh.itjust.works

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[–] merc@sh.itjust.works 1 points 6 days ago (1 children)

You don't need to hold it on an exchange, but you need an exchange. You need some place where you can find people who want to buy Argentine Pesos and sell Bitcoin so that you can buy Bitcoin and sell your Argentine Pesos.

cheap & fast international settlement

You think Bitcoin is cheap and fast?

[–] doylio@lemmy.ca 1 points 5 days ago (1 children)

Certainly cheaper and faster than Western Union, but yeah it's horribly slow by modern blockchain standards

[–] merc@sh.itjust.works 1 points 5 days ago

Also slow compared to actual payment processing networks for real money.