@cdelargy Still not sure how any of that convinces general public to abandon Fiat. Especially with lack of intrinsic value, which gold has.
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Replying to @WritingFactory
@WritingFactory Virtually all BTC users use fiat too! Attracting new BTC users requires new use cases, which will emerge over time.2 replies 0 retweets 0 likes -
Replying to @WritingFactory
@WritingFactory The current market cap of $8.5B reflects this risk. Upside to many trillions.2 replies 0 retweets 0 likes -
Replying to @WritingFactory
@WritingFactory I agree that tech/currency is important to differentiate but in BTC they cannot be extricated, similar to gold & atomic chem2 replies 0 retweets 0 likes -
Replying to @WritingFactory
@WritingFactory BTC : Colored Coins :: Gold : Gold certificates. Useful but one carries value, other carries promise of value.2 replies 0 retweets 1 like -
Replying to @WritingFactory
@WritingFactory Enforcement carries costs (often externalized). BTC provides technology that reduces these costs, this is a source of value.3 replies 0 retweets 1 like
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