where_to_inc

5 ms·

1. 1.▲
   by where_to_inc 4y ago

   I don’t disagree that there are other forces aside from market forces. In the case of people paying via WeChat though, it is legitimately market forces. If you don’t use WeChat, people around you will urge you to use it because it is so muc
2. 2.▲
   by where_to_inc 4y ago

   If you think multiple layers in a payments system is undesirable, I wonder whether you make all your purchases online by putting dollars and cents into envelopes and mailing them to the merchants, or whether you use that additional layer of
3. 3.▲
   by where_to_inc 4y ago

   I can’t speak to other cryptocurrencies. But at least re: Bitcoin: 1. International settlements of any sum of money (small to large) in 10-20 minutes instead of days 2. Markedly lower money transfer fees compared wire transfer or ACH 3. Abi