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.
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.
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.
If we’re playing by area, I seem to have won. But also, when was the last prosecution for mailing cash (where it wasn’t part of a more significant crime?
You totally can give cash anywhere in the world. You post it as a letter
This was common before electronic transfer
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.
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.
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.
It will also get there faster.
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Maybe in your country
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On account of it being so in yours?
Australia Post says they reject any liability if you do
The UK says you should use their premium service to do so
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You can cross over Finland from that list. Maybe more as that was only i checed and you were wrong.
If we’re playing by area, I seem to have won. But also, when was the last prosecution for mailing cash (where it wasn’t part of a more significant crime?
Unenforced law isn’t very powerful