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Add in all the costs of the Bitcoin infrastructure to Bitcoin's usage, too - exchanges and so on. And then you still have an instrument so unstable that you can
by cwyers 9y ago
Add in all the costs of the Bitcoin infrastructure to Bitcoin's usage, too - exchanges and so on. And then you still have an instrument so unstable that you can't actually buy anything with it; Steam discontinued BTC purchasing recently because the system is unusable for retail. So you still need that fiat money infrastructure to, you know, pay for anything.