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In this phase of it's life, bitcoin is proving itself as a store of value. It can't start to compete as a common medium of exchange until its value has stabilis
by npoc 3y ago
In this phase of it's life, bitcoin is proving itself as a store of value. It can't start to compete as a common medium of exchange until its value has stabilised enough to be a good unit of account. This will likely take decades and a bitcoin value over $10M/BTC