Right, which was a mixture of dishonesty, self-delusion, and naivety from the start. A deflationary asset will only ever be used for hodling and speculation.

Right, which was a mixture of dishonesty, self-delusion, and naivety from the start. A deflationary asset will only ever be used for hodling and speculation. Also, Visa works almost literally flawlessly for tens of billions of dollars of transactions (hundreds of millions of individual transactions) every day. A technologically inferior system wasn’t going to replace it regardless of its ideological purity.