Comment

Comment by fragsworth

Consider this: They paid $0.00 for the transfer of $150 million dollars.

A direct (i.e. not based on third party credit, regulations, etc.) transfer of wealth of this magnitude between two entities usually consists of a heavily guarded, insured, physical shipment of cash or gold. Depending how safely you want to make the transfer, and how far the entities are on the globe, it can cost hundreds of thousands to millions of dollars.

Bitcoin has real value. It solves problems on an incredible scale. I wish I realized this months ago.

parent fragsworth 13 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton