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> BTC was designed as a drop-in replacement for both the USD and SWIFT for processing transactions. That may have been the original intent of BTC's creators, b
by throw0101d 2y ago
> BTC was designed as a drop-in replacement for both the USD and SWIFT for processing transactions.
That may have been the original intent of BTC's creators, but what is it actually used for now? USD and SWIFT are being used daily for transactions, whereas two-thirds of Bitcoins have been inactive for the last year:
* https://en.macromicro.me/charts/32355/bitcoin-supply-last-active-1plus-years-ago https://en.macromicro.me/charts/32355/bitcoin-supply-last-ac...
It's simply being hoarded.