Quote:
Originally Posted by housenuts
Just curious based on your posts, what practical use does bitcoin have?
BTC practical use is a
functioning crypto-currency and a store of value.
I can securely deposit to and withdraw from poker sites instantly.
I can securely deposit to and withdraw from e-wallets instantly.
I can securely move funds around the world instantly.
2 weeks ago I sent a wire-transfer to Neteller via a foreign-exchange broker. This has been my experience:
- Get deposit information from Neteller
- Forward info to my broker
- Send money to my broker
- Broker sends money to Neteller
- Neteller rejects transfer because they don't allow brokers
My broker and I still haven't received the money back. 5 figures lost in limbo for 2 weeks lol
Never have I been more confident that the demise of the old banking system is coming.