Bitcoin Can Replace a 600 Year Old Antiquated Payments System

TheNearlyDailyBitcoin - Bitcoin Can Replace a 600 Year Old Antiquated Payments System

Do You Realize that the basic system to transfer money internationally is over 600 YEARS Old and often comes with total costs of 5% – 15% of the transferred amount?

Why, in this world of Instant Communications are we using a system for cross border money transfers that was invented right about the same time that Gutenberg was inventing the movable type printing press?!?

Bitcoin enables the transfer of money across the street, across the country or around the world instantly, in a non-recourse fashion at essentially no cost.

Why in the world should we keep paying 5%, 10% or more to the Guardians of the Legacy Cross-Border payment systems when a simple, low cost, instantaneous alternative system is in place with Bitcoin?

Hmmm, maybe that’s ANOTHER Reason why the Big Money Investors are piling into Bitcoin and Bitcoin Infrastructure investments.

Just saying. . ..


image: history-retail-100-objects-ledger

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