Rapid? You mean it takes a couple of days, and is controlled by big daddy government and the corporations they're in bed with. The fact that they change the numbers on your end doesn't actually mean that the funds have been sent.
And you're missing the point. It's about self custody of your money. Holding silver is great, but silver can't be used online. If you want to use money online, you have to trust the centralized system, whereas with a commodity backed crypto, you have coins backed 1:1 with something real, and you can actually hold the money in a wallet that only you control. And assuming the blockchain used is not controlled by a centralized group, like the government, no one can stop you from transferring your money to other people.
Most people buy things online. You living out in Bumfuck, Alabama does not change this fact. Your entire argument is ignorant of reality and based on your total lack of understanding of the technology at play here.
I can't recover the path back on our exchange. I presume you are disparaging systems like Western Union. No, it only takes as long as it takes to execute the transfer message. My relatives can pick up the money as soon as they can get to a Western Union outlet. Sometimes there are hangups, but those are often imposed by the country you are sending to, and mysterious banking regulations (I have encountered this). When I have submitted cash and they pick up cash, the funds have been sent, period. You have a highly theoretical (and incorrect) idea of something that is practiced daily by lots and lots of people.
Do not get too enamored of an imaginary world. This world will be one of the first things to break and vanish if "hard times" come to pass. You tell me how many people out there who are willing to accept cryptocurrency and that will be the size of your market. And it has to be international? A very specialized market. And you have to assume that the blockchain is not controlled by a centralized group? My goodness, that is at least as bad as the fact that I must also make the same assumption.
I buy things online, when I want to and it is convenient. For other purposes, it is inconvenient. I do fine with credit and debit cards, from multiple vendors. And since I live in the Seattle-Tacoma corridor, I don't know why you want to throw shade at me for living somewhere else. Maybe you don't know that Alabama was where our Apollo vehicles were designed or all of our Army ballistic missiles, but that wouldn't surprise me.
Rapid? You mean it takes a couple of days, and is controlled by big daddy government and the corporations they're in bed with. The fact that they change the numbers on your end doesn't actually mean that the funds have been sent.
And you're missing the point. It's about self custody of your money. Holding silver is great, but silver can't be used online. If you want to use money online, you have to trust the centralized system, whereas with a commodity backed crypto, you have coins backed 1:1 with something real, and you can actually hold the money in a wallet that only you control. And assuming the blockchain used is not controlled by a centralized group, like the government, no one can stop you from transferring your money to other people.
Most people buy things online. You living out in Bumfuck, Alabama does not change this fact. Your entire argument is ignorant of reality and based on your total lack of understanding of the technology at play here.
I can't recover the path back on our exchange. I presume you are disparaging systems like Western Union. No, it only takes as long as it takes to execute the transfer message. My relatives can pick up the money as soon as they can get to a Western Union outlet. Sometimes there are hangups, but those are often imposed by the country you are sending to, and mysterious banking regulations (I have encountered this). When I have submitted cash and they pick up cash, the funds have been sent, period. You have a highly theoretical (and incorrect) idea of something that is practiced daily by lots and lots of people.
Do not get too enamored of an imaginary world. This world will be one of the first things to break and vanish if "hard times" come to pass. You tell me how many people out there who are willing to accept cryptocurrency and that will be the size of your market. And it has to be international? A very specialized market. And you have to assume that the blockchain is not controlled by a centralized group? My goodness, that is at least as bad as the fact that I must also make the same assumption.
I buy things online, when I want to and it is convenient. For other purposes, it is inconvenient. I do fine with credit and debit cards, from multiple vendors. And since I live in the Seattle-Tacoma corridor, I don't know why you want to throw shade at me for living somewhere else. Maybe you don't know that Alabama was where our Apollo vehicles were designed or all of our Army ballistic missiles, but that wouldn't surprise me.