Replying to Avatar a source familiar with the matter

Will Bitcoin be part of a financial system that allows us to send oil, grain and manufactured goods around the world with confidence?
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Bitopia 2y ago

Bitcoin is what will be used to pay for those goods

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a source familiar with the matter 2y ago

If we have reliable security & dispute arbitration to send oil, grain & manufactured goods around the world, it follows that we have reliable security & dispute arbitration to send precious metal disks around the world.

Or does precious metal somehow uniquely corrupt authority figures?

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Bitopia 2y ago

You want payments to be instant and cheap across the globe, so physical is not an option. It has to be digital…

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a source familiar with the matter 2y ago

I can transfer claims on gold digitally, just as we transfer claims on oil digitally