Quote:
Originally Posted by chemgear
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The issue with crypto has and will always be the 'crypto' part, once you have 'sent it' it is much like putting cash in an envelope and sending it in the mail, it's gone and all you can do is hope you addressed it right and the guy you are sending it to is telling you the truth, the irony is the part that gets shouted out as a feature, that you can send a million or a billion dollars across the world in a second without paying any fees is actually it's weakness, the speed and the lack of fees means no control, no insurance, and no way to get it back if you screw up or the guy is lying to you, possibly useful to third world grocery stores sending money back to the Philippines and shady merchants that look on rapid gains and losses in valuation as just the cost of laundering the money but utterly useless to me as I'm trying to get 30 or 40 grand back to the UK to help my dad buy out his freehold