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Comment by habosa

You'll notice the entire Bitcoin community has changed tone. It used to be "this is the currency of the future, down with cash/Visa!" but now you hear "Bitcoin is not a currency, it's a store of value".

The wild price swings, slow transactions, high fees, and loq merchant acceptance make it complete garbage as a currency. But as a store of value, none of those arguments apply. It only has to compete with gold bars, which are crappy in their own ways.

parent habosa 9 years ago

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