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An alternate digital currency would have to be more convenient than Bitcoin for transactions -- enough to make up for the transaction costs of transferring Bitc
by thanatropism 9y ago
An alternate digital currency would have to be more convenient than Bitcoin for transactions -- enough to make up for the transaction costs of transferring Bitcoins in first place.
But that does nothing to address concerns of hoarding. Either people come up with a way to have inflation in Bitcoin, or it's going to be hoarded. This is Gresham's law, and can't be appealed.