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Jerrod (Gast)
01/29/2015 10:05am (UTC)[quote]
Where did you go to university? houston loans The cash analogy is really important. Cash is very valuable because if I give you cash, you have it and you don’t really care who I am because the cash has value so you don’t need to worry about my creditworthiness. As long as I’m giving you the $10 it’s yours and I can’t get it back, there’s no chargeback on it or anything. There are a lot of transactions where cash is really the most efficient way to do them but there is no cash on the internet. There’s no way to actually put cash on a wire so Bitcoin is cash on a wire. So every transaction that you would want to do electronically but ideally you’d want to use cash, Bitcoin is the ideal currency to do that transaction with.

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