If Bitcoin was ever competing with Paypal or Visa, it would not even start. It competes with gold and central banks.
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@Noahpinion@oleganza@NickSzabo4 transaction costs, fungability, storage options, counterfeiting
@DoctorLex @Noahpinion @oleganza + security. Gold has long history of being looted. Big original motivation of bit gold.
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@NickSzabo4@oleganza@DoctorLex@Noahpinion so Btc cannot be looted ? :)Thanks. Twitter will use this to make your timeline better. UndoUndo
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