There is no utility that isn’t better achieved classically. When that changes I’ll join you on the other side, and won’t hamper my ability to earn money by investing in tilting at the windmills of decentralization - I prefer to approach technology beginning with a problem and looking for a solution as opposed to the opposite - but as always I wish you the best of luck.
I’d suggest you’re in the wrong century, I’m thinking when Isaac Newton lost all his money in the south seas bubble. 1700s?
> I prefer to approach technology beginning with a problem and looking for a solution as opposed to the opposite - but as always I wish you the best of luck.
yeah we've been over this before, when a client outside the US wants to pay find me another way to convert an international wire transfer (high degree of delay including increased scrutiny) to a domestic wire transfer (low degree of delay, no scrutiny) that doesn't use a cryptocurrency network.
the transaction fees alone of that one use case makes the native cryptocurrency scarce, even if that native cryptocurrency is not what was used to settle the transaction.
and I've done inter-Europe transfers too, the SEPA system is not what its cracked up to be. It is even more fragmented, transactions between some combination of SEPA nations can take 2-5 business days just like the US ACH system.
from what I know about this discussion is that each use case is its own conversation, so I randomly chose this one out of a hat.
I’d suggest you’re in the wrong century, I’m thinking when Isaac Newton lost all his money in the south seas bubble. 1700s?