/biz/ - Business & Finance

I got venmo today to pay someone at a garage sale. I didn't realize how good P2P payment like this is now. I can't believe anyone on rebbit thinks the main value proposition is feelessness and speed. Please don't be holding cryptocurrency because it's a better P2P value transfer mechanism. You're retarded if you think that. Maybe bitcoin had an advantage at this 10 years ago, but today it just seems dumb, and since 99% of people have no issue with the Fed or fiat currencies there seems to be little chance people are going to ever want to "pay with crypto" or think fiat isn't sufficient in a first world country with a highly developed financial system.

SUBMIT

>free transfers to family and friends (something REQ CANT do)
>can get a 30 minute transfer for a 25 cent fee (faster than REQ due to Ethereum scaling problems)
>sends real, spendable money, not internet funny money
>centralized, so fraud and scam can be dealt with and undone by the central authority

Can anyone name ONE thing REQ does better than Venmo?

STACEYS MOM HAS GOT IT GOING ON
>STACEYS MOM HAS GOT IT GOING ON
STACEYS MOM HAS GOT IT GOING ON
>STACEYS MOM HAS GOT IT GOING ON
STACEYS MOM HAS GOT IT GOING ON
>STACEYS MOM HAS GOT IT GOING ON
STACEYS MOM HAS GOT IT GOING ON
>STACEYS MOM HAS GOT IT GOING ON

Meet Bitcoin killer

Imagine if a technology existed that allowed free and instant digital money transfers from person to person, that was also completely reliable and highly secure. Wouldn't that be amazing?