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Agreed - this MS analysis is weak. More of a press piece without much critical thinking. See this link below for the best analysis I've read on Bitcoin, from a

by vm 9y ago

Agreed - this MS analysis is weak. More of a press piece without much critical thinking. See this link below for the best analysis I've read on Bitcoin, from a hedge fund that started buying it in 2015 and now has it as 50% of AUM. http://millervalue.com/a-value-investors-case-for-bitcoin/ http://millervalue.com/a-value-investors-case-for-bitcoin/

htormey 9y ago
“While other payments networks typically charge the greater of ~3% and $0.15, Bitcoin’s transaction fee tends to be a negligible fraction of the transaction, if any at all.” That article seems quite dated (2015). The fees and transaction times for btc today are much worse: https://bitcoinexchangerate.org/fees https://bitcoinexchangerate.org/fees