Sent bitcoin from Miami to a Ukrainian in Poland who withdrew it as cash, all in less than three min

GlobalMacro90 said:
the difference between a new, open monetary network (bitcoin) and closed apps that plug into the current antiquated system are night and day.

One day you’ll get it.
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I don't even know anyone in the US who has a PaySend account, we use Zelle, PayPal, Venmo among friends and family

It's not possible for a 16yo who was able to escape to Poland to open a PaySend account, but open monetary network apps are 1-click away with no registration needed


“It's always possible to wake someone from sleep, but no amount of noise will wake someone who is pretending to be asleep.”


https://top10mobilebanks.com/paysend-global-account-review/
 
RedDuke said:
Yes. To his card via app like Paysend and person can use it via their mobile to pay anywhere where you can pay with phone.

As of right now crypto did not solve a single issue that exited before.
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Read the article again.

WTF is Paysend in Miami?
 
GlobalMacro90 said:
the difference between a new, open monetary network (bitcoin) and closed apps that plug into the current antiquated system are night and day.

One day you’ll get it.
More...

I get it just does not make a difference for 99.99 percent of people.
 
tiddlywinks said:
In addition to transaction fees, isn't there also market risk, the price of bitcoin at the time of conversion into local currency??
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The risk is huge. The day USDT is stopped all hell will break loose in crypto lala land.
 
RedDuke said:
I get it just does not make a difference for 99.99 percent of people.
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Your numbers are wrong, but you're actually painting a bullish picture

Bitcoin and cryptos are a $2 Trillion financial system and you're saying it's only 0.01% of the Total Addressable Market (TAM)

Cryptos are so fucking early then. Yolo and go all-in!!

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"Imagine a person in South Korea sending a relative in Lebanon, Peru or Sri Lanka some money because the financial systems in those places have collapsed and you're arguing there is no use-case because they can use Paysend, lmao"
 
johnarb said:
Your numbers are wrong, but you're actually painting a bullish picture

Bitcoin and cryptos are a $2 Trillion financial system and you're saying it's only 0.01% of the Total Addressable Market (TAM)

Cryptos are so fucking early then. Yolo and go all-in!!

-------------------------------------

"Imagine a person in South Korea sending a relative in Lebanon, Peru or Sri Lanka some money because the financial systems in those places have collapsed and you're arguing there is no use-case because they can use Paysend, lmao"
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I am also bullish on blockchain/crypto in the long term, but first we need fake money to leave the system, see the fall out and then we will have a normal asset traded in real money like any other asset on this planet.
 
johnarb said:
"Imagine a person in South Korea sending a relative in Lebanon, Peru or Sri Lanka some money because the financial systems in those places have collapsed and you're arguing there is no use-case because they can use Paysend, lmao"
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If you are in Shri Lanka right now and need food, please enlighten us how can crypto help you???? Money of no help as well of course. Once again crypto did not solve a single issue up to date.
 
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