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But even maximalists care to be able to use bitcoin to buy goods and services (eg be able to spend it). Since other currencies are also capable of being exchang
by ivalm 4y ago
But even maximalists care to be able to use bitcoin to buy goods and services (eg be able to spend it). Since other currencies are also capable of being exchanged for good and services then the exchange rate to other currencies determines how much goods btc can buy (or there will be an arbitrage opportunity).