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Author Topic: Transfers  (Read 306 times)
megastacks
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November 28, 2013, 04:33:00 AM
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When it comes to transferring money is bitcoin superior to using one of the many aervices where you can send money by email?

Many of those seem to have no fees.  Not sure if it is instant or not.  Any opinions?
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WayTooGosu
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November 28, 2013, 04:36:43 AM
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Most Bitcoin transactions have fees, people mainly use it for investments or gambling. If you do not participate in any of those, use something with no fees.

megastacks
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November 28, 2013, 04:49:47 AM
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Most Bitcoin transactions have fees, people mainly use it for investments or gambling. If you do not participate in any of those, use something with no fees.

I thought one of the selling points for bitcoin was its easy, instant transfers to anyone, anywhere?
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November 28, 2013, 04:51:14 AM
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When it comes to transferring money is bitcoin superior to using one of the many aervices where you can send money by email?

Many of those seem to have no fees.  Not sure if it is instant or not.  Any opinions?

When it comes to transferring bitcoins the yes bitcoin is superior to everything. If you want to convert those bitcoins to fiat then things become a little more complicated.
megastacks
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November 28, 2013, 05:32:35 AM
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When it comes to transferring money is bitcoin superior to using one of the many aervices where you can send money by email?

Many of those seem to have no fees.  Not sure if it is instant or not.  Any opinions?

When it comes to transferring bitcoins the yes bitcoin is superior to everything. If you want to convert those bitcoins to fiat then things become a little more complicated.

Penandpaper would you mind expanding on this?  I am looking to learn more about this.  How is it superior to everything else when it comes to transferring money?
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