> Bitcoin is out-competing its analog predecessors on the basis of its monetary properties. Bitcoin is finitely scarce, and it is more easily divisible and more

> Bitcoin is out-competing its analog predecessors on the basis of its monetary properties. Bitcoin is finitely scarce, and it is more easily divisible and more easily transferable than its incumbent competitors. This seems false to me. I can tap a piece of plastic to pay for all kinds of things and then pay that off in turn with a few clicks on a web site. And it's all pretty secure and safe and has well established rules for when things go wrong that do a pretty good job of protecting me.