Bitcoin Much Better Than Paypal or International Wire Transfer

Thanks to this tweet by Eric Vorhees for the link.

Just one short comment: If bitcoins take off as a currency in the future, the cost of changing traditional currency to bitcoins and bitcoins back to inferior currency will disappear as well, making the competition even more one-sided.

Published by kflenz

Professor at Aoyama Gakuin University, Tokyo. Author of Lenz Blog (since 2003,

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