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Early strains of American bitcoinism were motivated by glacially-slow ACH transfers. But these strains have disappeared thanks to several new US instant payments initiatives:
-MasterCard Send (2015)/Visa Direct (2016)
-Zelle (2017)
-TCH's Real Time Payments (2017)
-FedNow (2023)
-MasterCard Send (2015)/Visa Direct (2016)
-Zelle (2017)
-TCH's Real Time Payments (2017)
-FedNow (2023)
International bitcoinism was less driven by slow ACH—many nations already had fast domestic payments. Still, all strains could agree that cross-border payments were awful. But new real-time initiatives dashed this consensus:
-Swift gpi (2017)
-Transferwise
-Swift gpi (2017)
-Transferwise
With so many strains of bitcoinism being whittled away, just a few remain:
-if we can't do mainstream payments, we'll do payments for the excluded
-digital gold i.e. bitcoin isn't for paying, it's for hoarding
-bitcoin isn't a monetary technology, it's a gambling technology
-if we can't do mainstream payments, we'll do payments for the excluded
-digital gold i.e. bitcoin isn't for paying, it's for hoarding
-bitcoin isn't a monetary technology, it's a gambling technology
