As far as I know both of them are also payment processor, not only currencies.
Why would I use a third-party to store or process my Bitcoin payment? That’s the whole point you’re not forced to use a trusted third-party to store or pay. I don’t, never did.
As a swiss citizen I can tell you that there is way enough regulation covering that currency, in fact it is regulated as foreign currency (currency of cyberspace hehe). I don’t know how it is outside but also looks heavily regulated in EU and probably is in America.
I know, I’m not that stupid :D It was for the meme cuz this is the internet.
The main issue is that regular payment processors don’t do what they are suppose to do (process payment and nothing else), they freeze account for no reasons (GrapheneOS, flipper-zero, etc…) censor payment because they don’t like an industry (closed an entire plateform (UTip) because of one adult content creator), industries that already are regulated by law. Holding users funds longer than needed, or censoring for political opinion etc.
In this regard Bitcoin is neutral : You have the money, it’s a valid transaction. You pay enough fees your transaction will be confirmed sooner. Who you are, how you get this money and why you are sending it is none of the payment processor business.
As far as I know both of them are also payment processor, not only currencies.
Why would I use a third-party to store or process my Bitcoin payment? That’s the whole point you’re not forced to use a trusted third-party to store or pay. I don’t, never did.
As a swiss citizen I can tell you that there is way enough regulation covering that currency, in fact it is regulated as foreign currency (currency of cyberspace hehe). I don’t know how it is outside but also looks heavily regulated in EU and probably is in America.
I know, I’m not that stupid :D It was for the meme cuz this is the internet.
The main issue is that regular payment processors don’t do what they are suppose to do (process payment and nothing else), they freeze account for no reasons (GrapheneOS, flipper-zero, etc…) censor payment because they don’t like an industry (closed an entire plateform (UTip) because of one adult content creator), industries that already are regulated by law. Holding users funds longer than needed, or censoring for political opinion etc.
In this regard Bitcoin is neutral : You have the money, it’s a valid transaction. You pay enough fees your transaction will be confirmed sooner. Who you are, how you get this money and why you are sending it is none of the payment processor business.