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This would be true if Bitcoin transaction fees put it in reach of every-day transactions, but they don't and likely never will. Bitcoin is for HODLing, not for
by jeremyjh 6y ago
This would be true if Bitcoin transaction fees put it in reach of every-day transactions, but they don't and likely never will. Bitcoin is for HODLing, not for transacting.
- swagonomixxx 6y agoBitcoin can be used for transacting if you're not looking for instantly verified transactions. In ye olden days, when Bitcoin was a few cents worth, transaction costs were tiny. I really doubt Satoshi et al predicted Bitcoin to be so unstable, so as to make transaction costs pretty much out of reach for 99% of normal everyday transactions.