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Until a material percentage of non-speculative transactions are done via bitcoin, it's not money. Who in their right mind would spend a bitcoin today when it c
by pfarnsworth 9y ago
Until a material percentage of non-speculative transactions are done via bitcoin, it's not money. Who in their right mind would spend a bitcoin today when it could jump in value by 25% in a week? It's purely a speculative vehicle right now, and won't stop until it stabilizes in price where people can trust it.