I mean in the same way as email is frictionless compared to mail: you can send all day, it arrives halfway around the globe in seconds, fees are significantly lower.
What services in particular?
For most people? Money transfer.
And what's preferable about using blockchain technology for these services?
AFAIK because it is a way to make this happen without having to trust a number of institutions that are rich because of the current setup and might have a huge conflict of interest.
Again: IMO this is about the technology, not about Bitcoin.
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Getting closer to frictionless payments.
Getting access to a number of services that we currently use banks for - without using banks.
Note: my reply is about blockchains, not about bitcoin.
I've more or less given up on bitcoin and think other crypto tokens have a far better chance in the long run.
Pardon my ignorance. I see this mentioned a lot. What do you mean by frictionless payments?
What services in particular? And what's preferable about using blockchain technology for these services?
I mean in the same way as email is frictionless compared to mail: you can send all day, it arrives halfway around the globe in seconds, fees are significantly lower.
For most people? Money transfer.
AFAIK because it is a way to make this happen without having to trust a number of institutions that are rich because of the current setup and might have a huge conflict of interest.
Again: IMO this is about the technology, not about Bitcoin.