Thread - Nostr Hypermedia

❒ PictureRoom colincz@nostrplebs.com 6 months ago

My uncle was dealing with delays and complications on a wire transfer for a real estate transaction. I said, “Bitcoin fixes that.” But of course, they chuckled. There’s no middlemen. No bank hours. No wire cutoffs. Just fast, final settlement - any day, any time. Bitcoin offers a parallel system that just works.

Replies (15)

BTC_P2P 6 months ago

Wire transfers are a legitimate adoption vector for bitcoin. Especially international wires.

1 replies ↓

Hofer99 6 months ago

I tell people all the time it's a parallel system economy.

Deleted Account 6 months ago

No middleman? Sounds untrustworthy nonsense to me. Give me 2 or 3 entities I've never dealt with before and make them not talk to each other until 24 hours before the deadline and make me madly try to sort it all out even though I'm paying them to do it. Yeah that's much better - I like the status quo. View quoted note →

Aboo805 Aboo805@primal.net 6 months ago

If something works faster, costs less, and doesn’t require bank permission, shouldn’t that be the norm? Everyone likes to laugh at Bitcoin like it’s the joke, but maybe the real joke is still needing a bank’s approval to send your own money.

Kevin's Bacon kb@mynostr.com 6 months ago

The capacity of arrogant people to disregard clearly worthwhile threads of inspection astounds me. That was an excellent opportunity to ask "it fixes delays in transactions? how? is it stable enough in purchasing power to even do that?" if he were any kind of intellectually honest or curious in that moment. Not to single out your uncle, this is just a prime example of the kind of behavior of normies who don't like to think.

3 replies ↓