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<div class="moz-cite-prefix">On 18/10/2023 19:02, Phillip
Hallam-Baker wrote:<br>
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<div class="gmail_default" style="font-size:small">On Tue, Oct
17, 2023 at 8:25 PM Erik <<a
href="mailto:erik@erikgranger.name" moz-do-not-send="true"
class="moz-txt-link-freetext">erik@erikgranger.name</a>>
wrote:<br>
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<div dir="auto">Do you support similar policies against
cash, considering it is the most commonly used criminal
currency?</div>
<div dir="auto">-- Sent from /e/ Mail.</div>
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<div class="gmail_default" style="font-size:small">That is
not the correct comparison.</div>
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<div class="gmail_default" style="font-size:small">There is
absolutely no measurable legitimate commerce that uses
BitCoin or any other pseudo-currency. None, zip, zilch,
nada.</div>
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<p>It is encouraging that you can't measure it :) but it would be
false to say that means it isn't there - I know of many people who
have used crypto for important and significant transactions.<br>
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<div class="gmail_default" style="font-size:small">The
online merchants who would let people pay with Bitcoin
never really used it, they just had an payment provider
that would immediately convert BTC to cash and virtually
all of those have quietly dropped it.</div>
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<p>Yes, retail is a bad use case. But you can't tell people what
they don't want to hear.<br>
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<div class="gmail_default" style="font-size:small">BTC is
useless as a payment transmission medium: It is slow, it
is hilariously expensive, it cannot be reversed in the
case of fraud on the receiver's part.</div>
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<p>Ya. But sometimes when banks fail to serve, it's the way. And
increasingly, banks fail to serve. They just will simply not do a
transaction or refuse an account or send customers away bc
reasons. Then crypto provides an alternative.<br>
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iang<br>
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