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April 12, 2014, 07:25:18 AM |
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We already had windows 95, why did we need windows 98, or xp, or 7, or 8? We already had rotary telephones, why did we need touchtone phones?
Cryptocurrency is just the natural evolution of an increasing technological age. Pretty soon paper bills will be obsolete and worthless. Most people don't want to carry around a wad of bills anymore. And fiat transactions are so cumbersome and often time consuming. It often takes 5 days to do a banking transaction, even within the same country. But a bitcoin transaction is done often in a manner of hours (or sometimes only minutes).
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