← Back to context Comment by integralid 15 hours ago Cash is more anonymous and less trackable than Bitcoin and the society didn't collapse. 9 comments integralid Reply tgv 13 hours ago You can't get (much) cash without the transaction being traced or criminal in many countries. There's a limit to legal cash transactions.Arguments about amount are immaterial to me. Cash transactions of say $500k are physically doable in many systems.And cash transaction don't require burning the Amazon, of course. krior 15 hours ago Then why should we use bitcoin? lmz 15 hours ago Cash is a bit bulky and can't be sent over fiber. rounce 14 hours ago https://en.wikipedia.org/wiki/Hawala 1 reply → CaRDiaK 15 hours ago Because it’s faster, easier, safer and cheaper to transfer large volumes of capital than say loading a plane with gold or sending a bag of cash. bdcravens 14 hours ago As long as you're quick to cash in and cash out of it. Potential gains are fun, but losing 10% a month isn't. 2 replies →
tgv 13 hours ago You can't get (much) cash without the transaction being traced or criminal in many countries. There's a limit to legal cash transactions.Arguments about amount are immaterial to me. Cash transactions of say $500k are physically doable in many systems.And cash transaction don't require burning the Amazon, of course.
krior 15 hours ago Then why should we use bitcoin? lmz 15 hours ago Cash is a bit bulky and can't be sent over fiber. rounce 14 hours ago https://en.wikipedia.org/wiki/Hawala 1 reply → CaRDiaK 15 hours ago Because it’s faster, easier, safer and cheaper to transfer large volumes of capital than say loading a plane with gold or sending a bag of cash. bdcravens 14 hours ago As long as you're quick to cash in and cash out of it. Potential gains are fun, but losing 10% a month isn't. 2 replies →
lmz 15 hours ago Cash is a bit bulky and can't be sent over fiber. rounce 14 hours ago https://en.wikipedia.org/wiki/Hawala 1 reply →
CaRDiaK 15 hours ago Because it’s faster, easier, safer and cheaper to transfer large volumes of capital than say loading a plane with gold or sending a bag of cash. bdcravens 14 hours ago As long as you're quick to cash in and cash out of it. Potential gains are fun, but losing 10% a month isn't. 2 replies →
bdcravens 14 hours ago As long as you're quick to cash in and cash out of it. Potential gains are fun, but losing 10% a month isn't. 2 replies →
You can't get (much) cash without the transaction being traced or criminal in many countries. There's a limit to legal cash transactions.
Arguments about amount are immaterial to me. Cash transactions of say $500k are physically doable in many systems.
And cash transaction don't require burning the Amazon, of course.
Then why should we use bitcoin?
Cash is a bit bulky and can't be sent over fiber.
https://en.wikipedia.org/wiki/Hawala
1 reply →
Because it’s faster, easier, safer and cheaper to transfer large volumes of capital than say loading a plane with gold or sending a bag of cash.
As long as you're quick to cash in and cash out of it. Potential gains are fun, but losing 10% a month isn't.
2 replies →