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A fascinating thought experiment would be to have a further breakdown by "non-speculative" transaction. It's difficult/impossible to compute whether a transacti
by asdfasgasdgasdg 5y ago
A fascinating thought experiment would be to have a further breakdown by "non-speculative" transaction. It's difficult/impossible to compute whether a transaction's purpose is speculation, but given that that's most of what these coins are currently used for, it would surprise me if less than half of these transactions are for the purpose of price speculation. This is going to make these coins compare substantially less favorably compared to e.g. credit cards or cash money.
- duskwuff 5y agoFor the vast majority of cryptocurrencies, especially once you get beyond the "big two" of Bitcoin and Ethereum, I suspect that virtually all (>99%) transactions are speculative in nature.