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Author Topic: 1.7 billion people are still Unbanked; chances for bitcoin  (Read 453 times)
stompix
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Blackjack.fun


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July 02, 2023, 03:29:03 PM
 #81

We can buy Bitcoin from ATM but look at OP's post he was talking about places where there isn't even banks reached so where there is no possibility of finding a Bitcoin ATM as well.

I wasn't responding to OP, I was replying to a user who mentioned

Quote
That's true, every Bitcoin purchases starts with the bank,

which is not the case, not in the US , not in the EU not in Nigeria not in Bahamas.

P2P deals too need banks or some kind of online wallet help to make the purchase possible when we are communicating over the internet.

Then it's not true P2P anymore and we should stop labeling all these solutions as being decentralized when you rely on a cental point that stores all your data and all your details forever. I've warned users numerous times that dealing with a guy on a pseudo P2P market is just as dangerous, you have a stranger collecting hundreds of bank details and accounts and you have a  bank employee laughing how he can track with 101% accuracy every single trade this guy and his clients do.

I am aware that decentralisation is the vital part but for now it's highly inconvenient if someone decides to boycott banks and starts to live with only crypto so everything takes time and similar to that adoption of Bitcoin too will be gradual to take over the bank's place.

Exactly my point! You can't buy 3 cakes eat 4 of them, gift 2, and still have 6 of them in the fridge.

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