#bitcoin is still bootstrapping. And meanwhile it is volatile. It’s bootstrapping for becoming a world reserve currency. If you’re a nocoiner you’re probably laughing right now, but nearly instant clearing over the Internet with no 3rd party risk is laughing at you.
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Saifedean prioritizes the gold aspect of bitcoin (necessary) and clearing+p2p as ”nice to have.” I’m not worried we’ll get both, eventually.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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and a lower cost of doing business
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In my humble opinion Mr. Wilcox, That comes about *after* the victory of Sound Money; There is a massive disincentive to spend / engage in commerce before mass-monetization / hyperbitcoinization / full monetary premium emerges. No one wants to be the Pizza Guy

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Big fan of your out-there techno-utopian visions
End of conversation
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