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mk  ·  3586 days ago  ·  link  ·    ·  parent  ·  post: The Advent of Cryptocurrencies: A Reason to Rethink Currency in the 21st Century

When creating my tabletop RPG book, a few artists that I commissioned requested that I pay them with personal check rather than PayPal since PP takes such a significant cut. Rather than signing a piece of paper and sending it to them in the mail, I could pay them with BTC for almost no cost, and they could feel free to spend it within 10 minutes.

There are many scenarios where the blockchain wins over clearing houses that siphon off each transaction.