3 ms·
Bitcoin is a distributed feat currency with a proven limited supply (20M coins max) and slow and expensive transactions My one problem with your thesis is that
by grey-area 6y ago
Bitcoin is a distributed feat currency with a proven limited supply (20M coins max) and slow and expensive transactions
My one problem with your thesis is that Bitcoin is no longer a currency but a speculative asset. It has not yet proven a stable store of value, or a useful currency, quite the opposite, and if nobody uses it to transact, what value does it have?
PS It’s fiat, not feat.