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Comment by 542458

> there's no way why you'd go back to the legacy system

I can think of lots of reasons.

* Deflationary currencies are dangerous. Inflation is a feature, not a bug.

* If I screw up a bank transfer or have my credit card details stolen, I can have those transactions reversed. No such luck with Bitcoin. The idea of losing my life’s savings to a zero day or sophisticated hacker doesn’t sounds great to me.

* I can’t remember the last time my bank got DoSed.

* Bitcoin’s value fluctuates wildly, making it a poor medium of exchange.

* I like that my country can adjust monetary policy in response to world events like pandemics. That’s a feature, not a bug.

parent 542458 5 years ago

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