FROGFREN17 on Nostr: 10 Reasons why #Bitcoin will win: 1 Eliminates FX exchange fees and currency hedging ...
10 Reasons why #Bitcoin will win:
1 Eliminates FX exchange fees and currency hedging costs.
2 Eliminates credit card transaction fees (via Lightning network).
3 Eliminates money transmission fees such as Western Union and wire transfer fees.
4 Eliminates storage and insurance fees typically paid to store physical gold.
5 Almost instant settlement of funds vs 3-5 days in legacy system.
6 Bitcoin users cannot be sanctioned or censored.
7 Bitcoin never takes a weekend or holiday off.
8 Bitcoin cannot be confiscated.
9 Bitcoin cannot be counterfeited (unlike fiat or gold).
10 Bitcoin cannot be inflated away by central banks and politicians.
#btc
Published at
2024-02-19 20:40:44Event JSON
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