Fast, low cost transfers of value between individuals or companies globally. I bought some computer equipment from a company in Israel, and paid for the first part of the order with a wire transfer, which took three days, a fax, two phone calls and a fee of $45. I paid for the second part of the order with bitcoin, which took 5 minutes and a fee of a few cents. Bitcoin has been new and controversial, but at some point people are going to accept that it is here to stay and start using it. For now, the only things you can buy only with bitcoin are dark market products and some online gambling. This will change as we (ever so slowly) accept that bitcoin is a new form of money that is here to stay.
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