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What he should have said is the focus on being a store of value, while rejecting the other functions (high fees work against being a medium of exchange). In pr
by lawn 7y ago
What he should have said is the focus on being a store of value, while rejecting the other functions (high fees work against being a medium of exchange).
In practice when people say "store of value" they mean "speculative vehicle that will make me rich".
That is the real problem that's causing volatility and making cryptocurrencies worse at it's intense purpose: as money.