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BTC maximalists argue that it’s a better store of value than gold due to portability, divisibility, durability, and scarcity. The theory is that it will be used
by block_dagger 5y ago
BTC maximalists argue that it’s a better store of value than gold due to portability, divisibility, durability, and scarcity. The theory is that it will be used to settle inter-bank transactions once it is widely adopted by institutions.
- hilios 5y ago>The theory is that it will be used to settle inter-bank transactions once it is widely adopted by institutions. Banks have absolutely not need of a proof of work scheme like Bitcoin, them switching to a system with the power requirements of BTC seems highly unlikely.