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RE: The first video on youtube about bitcoin

in #bitcoin7 years ago

We have come a long way, baby! Excellent Whiteboard animation.

And now, the world is waking up to the great benefits of bitcoin. Imagine, you can send and receive any amount of money instantly anywhere in the world at any time. No bank holidays. No borders. No imposed limits. We are in full control of our money. Low fees. Few risks for merchants. Transparent and totally neutral.

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Right... except for the "instantly" and "Low fees" parts.

Bitcoin is the king of Crypto right now, but I suspect people will soon realise as a means of payment, it's probably one of the worst options. There are a lot of other coins with much lesser fees and shorter transaction times, too.

Heck, there's even a new kid on the block, called eBTC, which is basically an implementation of Bitcoin in the Ethereum Network. All the benefits from Bitcoin and none of its cons.

Paying with Bitcoin is like going to a grocery store and paying with Gold. You just don't do it. Even if you can.

interesting, will definitely check it out. thank you

Lol, that was the official Bitcoin video.


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