this post was submitted on 02 Feb 2024
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[–] [email protected] 4 points 9 months ago* (last edited 9 months ago) (3 children)

You totally can give cash anywhere in the world. You post it as a letter

This was common before electronic transfer

[–] [email protected] 8 points 9 months ago (1 children)

Mailing someone cash means you need to know their address, you have to wait however long for the mail to arrive, you can't prove they received the cash, it's possible the cash was stolen en route and anyone who might wish you harm like an adversary government can observe the transaction.

[–] [email protected] 3 points 9 months ago (1 children)

With crypto you face similar problems. You need an address, waiting is shortr, rugpulls and other scams are one of the biggest use cases so getting crypto stolen seems common. You might be able to verify that crypto was revceved but as with any trustless paymet solutions the issue is that getting the item you ordered is the part where trust is needed the most. Good luck asking back money when you get an empty box.

[–] [email protected] 1 points 9 months ago

You're right about ordering goods and not having a recourse if they're not delivered. Of course in the case of supporting an organization that will be less of a consideration.

In the case of needing to know an address it's much different to give out an arbitrary string of numbers as an address than information which represents your physical location.

No disagreement that there are myriad examples of problematic uses for crypto. My first comment was in response to the question about what are valid use cases. It seems clear there are some, even if it's not as universal as some true believers claim.

[–] Wilshire -1 points 9 months ago

It will also get there faster.