Hey there Steemers, today I decided to post a little rant on my beliefs about Crpyto being far more superior than FIAT. So, what made me want to write this article in the first place?
Well, on Monday the 14th November, I wanted to add £20 to my PayPal Balance. So there I am doing what I would normally do and then find out that my funds will be added within 5-7 days. I was fine with that. The thing that REALLY annoyed me was that PayPal already took the money from my bank account; surely you would think that once the money has been transferred, I would be able to spend it immediately with PayPal? No, that is not the case one bit! I would have to wait to spend it!
Why Is Crypto Better?
Well first of all, Bitcoin stores all transactions in the blockchain, meaning that everyone can see it, making it anonymous. Also, it takes 20 blocks to recieve a payment through Bitcoin, which is the equivalent to 200 minutes. This is really quick for a payment! Also, there is no middle man/government, meaning that you are your own bank!
Thanks for listening in on my rant! Hope you enjoyed! If you did, please follow and upvote! Thanks!