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Think of it as gold. Almost nobody uses it as a currency. It's an investment whose value will hopefully rise, at which point you're just gonna convert it for a
by input_sh 6y ago
Think of it as gold. Almost nobody uses it as a currency. It's an investment whose value will hopefully rise, at which point you're just gonna convert it for a "real" currency.
- arcticbull 6y agoThink of it as gold whose storage cost scales linearly with its market price. Instead of with whatever a warehouse and a few kalashnikovs costs. Block reward welfare reduction scales linearly with market price.