rowyaboat

7 ms·

1. 1.▲
   by rowyaboat 12y ago

   One of the things I'm really looking forward to is USD/EUR denominated sidechain assets eg. https://tether.to At present, arbitrage between different exchanges is easy if you are moving bitcoins, but moving USD is very
2. 2.▲
   by rowyaboat 12y ago

   forever barring economic disasters or TEOTWAKI Bought 5000 bitcoins for ~$5 each. Have 2000 left and sold the rest for $1 million late last year. Live pretty frugally so that should be me.
3. 3.▲
   by rowyaboat 12y ago

   yup, and if you're not involved, you're losing out, because a lot of people are making MILLIONS
4. 4.▲
   by rowyaboat 12y ago

   > The problem is the complete lack of benefits for customers. Costs of acquisition and spread will decrease as bitcoin adoption rises as it is a competitive market. And then low margin merchants will actively encourage bitcoin usage wit
5. 5.▲
   by rowyaboat 12y ago

   Ok, here's why. Many other businesses have incredibly slim margins and chargebacks hit them hard. Airlines where I live in australia charge big extra fees for credit card payments, but no transaction internet banking payments are free