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OP doesn’t cover btc as a native machine<>machine or digital economy discrete value transfer mechanism. Gold can’t do that, presumably computers will still be a
by dogman144 4y ago
OP doesn’t cover btc as a native machine<>machine or digital economy discrete value transfer mechanism. Gold can’t do that, presumably computers will still be around post-default though so the need exists. People will pay each other with venmo still, just maybe not redeemable for fiat vs crypto.
- politician 4y agoTruthfully, FedNow (2023 launch) fills this use case better than BTC: once the receiving FI gets notice they have 8 seconds to settle the transaction.