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I find the fundamental disconnect to be that people are pushing the lower-cost transactions as a bit motivation for Bitcoin. The less enthusiastic point out al
by cpwright 12y ago
I find the fundamental disconnect to be that people are pushing the lower-cost transactions as a bit motivation for Bitcoin. The less enthusiastic point out all of the good anti-fraud infrastructure credit cards have from a consumer perspective. Then the proponents point out you can build that on Bitcoin, which is true; but it doesn't come for free, thus I expect mostly negating the transaction cost advantages that Bitcoin is potentially offering.