majugi
Joined 13 years ago
Joined 13 years ago
Transferring value in the form of maintaining electronic accounts isn't comparable to wire transfers of fiat where the funds are made available in local currency. Banks don't just track numbers in accounts: providing liquidity and ensuring those numbers actually mean something is not trivial. If bitcoins were globally accepted it would be a more competitive service, but even then there would be the issues of fraud protection and compliance with money laundering legislation that bitcoin doesn't handle well.
I'm all for philanthropy, and it's always great that someone's willing to put their time and money into helping others, but this really comes across as more of an art performance than genuine help. Isn't it basic courtesy to talk to someone before writing a blog post about how you're going to reform their sorry life with your programming teaching skill?