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It's supposed to be a decentralized, unseizable, un-inflatable value transfer mechanism. Looks like it is succeeding. Also, you have to bootstrap a stateless cu
by dwaltrip 13y ago
It's supposed to be a decentralized, unseizable, un-inflatable value transfer mechanism. Looks like it is succeeding. Also, you have to bootstrap a stateless currency somehow. Day to day transaction volume will always trail speculation/exchange trading volume. Analogously, forex trade volumes for traditional currencies dwarf global GDP.