Nothing can do what Bitcoin can

Nothing can do what Bitcoin can

    Posted in : Bitcoin:
  • On : Sep 05, 2014

With Bitcoin I can carry $50,000 in my wallet in paper form with a password protecting it.
I can load that $50,000 onto a phone and instantly transfer it to anyone in the world for a fee of a couple pennies. The paper wallet cannot be hacked. If I lose it I can keep one backup or 100 backups. If someone steals it they STILL need my password and if they try to brute force it I will have already moved the Bitcoin from one of the backup wallets.
This is stuff that can be done right now with Bitcoin. There is NOTHING close in terms of capability in money.