I remember hearing about Bitcoin on 4chan ages ago, doing some reading and being like “ooooh cool, an internet currency!”, thought it might be cool/fun to own a couple, but saw some of the hoops you needed to jump through and didn bother with it.I always dwell on this and think “man, if I had only been curious and into the idea enough to buy justa handful of BTC back then, I could easily have woken up one day with like $100k!!”, but the reality that I always end up realizing is no, I would noticed at some point that my BTC was worth more than I paid for it, thought I was slick and pulled it all out for a couple hundred bucks profit lol. People hoarding Bitcoin are not doing so to perform international remittance, they are doing it for speculation. Speculation contributes to Bitcoin volatility, adding fiat currency risk when using Bitcoin for remittance.During periods of high volatility, the utility of Bitcoin for remittance is diminished due to fiat currency risk during the period it takes to confirm the transaction.
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