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Er, no, bitcoin going up is nice if you hold bitcoin like gold, and irrelevant if you imagine actually using bitcoin as a way to do transactions. Bitcoin going
by aoeuasdf1 9y ago
Er, no, bitcoin going up is nice if you hold bitcoin like gold, and irrelevant if you imagine actually using bitcoin as a way to do transactions. Bitcoin going up or down in value relative to other cryptocurrencies is orthogonal to the problem that it is inconvenient and expensive as a way to move money.