Says someone who is using 1970s technology called ACH and SWIFT to send money over. At least be aware of what is happening around you before attacking other technologies.
> Says someone who is using 1970s technology called ACH and SWIFT to send money over. At least be aware of what is happening around you before attacking other technologies.
Technology isn't a linear tech tree with newer == better. In some very real ways, Bitcoin is like a a new car design with some interesting new technologies (e.g. a satellite radio receiver) but that doesn't support other technologies like seatbelts.
Dismissing something as "<past-time-period> technology" is lazy. You really need to compare explicit pros and cons.
> Says someone who is using 1970s technology called ACH and SWIFT to send money over.
In Europe SEPA Instant requires transfers take less than 10 seconds in anything other than exceptional circumstances, and costs the same to transfer between any of the 36 member countries.
> At least be aware of what is happening around you before attacking other technologies.
Ironic. So many discussions of Bitcoin's utility implicitly assume that the rest of the world also has the same sort of antiquated banking and payment systems used in the US.
