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A Bitcoin based economy would be unable to handle more than an infinitesimal number of transactions that take place and would be remarkably slow handling that i
by mirntyfirty 5y ago
A Bitcoin based economy would be unable to handle more than an infinitesimal number of transactions that take place and would be remarkably slow handling that infinitesimal amount of transactions. Price volatility would prevent businesses from selling in Bitcoin, workers from being paid in Bitcoin, taxes being collected in Bitcoin, and international trade agreements being contracted in Bitcoin.