You’ve clearly never tried to send money between countries that dont have an interconnected bank system. Or has your credit card stolen. Or has to make large transactions outside the bank system, say for a car. Or used PayPal.
The concept of sending money without requiring a third party to be trusted is great. It should not be a store of wealth.or a gambling machine. Enabling cash transfers is it’s only purpose. And that concept is good. And what is cash, but government sanctioned ways of transferring currency. The name is apt.
You’ve clearly never tried to send money between countries that dont have an interconnected bank system. Or has your credit card stolen. Or has to make large transactions outside the bank system, say for a car. Or used PayPal.
The concept of sending money without requiring a third party to be trusted is great. It should not be a store of wealth.or a gambling machine. Enabling cash transfers is it’s only purpose. And that concept is good. And what is cash, but government sanctioned ways of transferring currency. The name is apt.