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People don’t transact gold either. It is difficult to transport and verify. Gold is though a reliable store of value as creating more is not easy, just like Bit
by trixie_ 5y ago
People don’t transact gold either. It is difficult to transport and verify. Gold is though a reliable store of value as creating more is not easy, just like Bitcoin.
- matheusmoreira 5y agoI don't dispute that gold is a good store of value. I'm saying bitcoin was supposed to have been more than that. It was supposed to be a currency. It failed.
- trixie_ 5y agoNot really, Bitcoins transaction fees, processing times and rate limits have been well known for a decade. If you think Bitcoin was ‘supposed’ to buy a cup of coffee that’s on you. The rest of us have been using it successfully for much bigger things.