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What you're missing is that it costs the same $2.00 to transfer $1T-worth of bitcoin. Try that with anything else that offers final settlement. The base Bitcoi
by npoc 2y ago
What you're missing is that it costs the same $2.00 to transfer $1T-worth of bitcoin. Try that with anything else that offers final settlement.
The base Bitcoin layer/network is optimised for storing large amounts of value for long periods of time.
The price doesn't care if you're using it to buy a $5 coffee. It cares that businesses and countries use it as their reserve asset.
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- davidgerard 2y agoyou and I make $1T transactions daily, it's true
- npoc 2y agoyou're clearly both highly intelligent and humorous