I was always told that when the value went up, people would just trade smaller fractions thusly avoiding the deflation issue... I guess not!
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I guess you didn’t read the rest of my tweet. Many other networks have low fees and high acceptance. Research LTC, XMR, etc.
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IMO, lots in the VC/startup world would see this as a feature. They can build an entire ecosystem of “small” payment processors that are “backed” by bitcoin. Total control, and as a benefit it bypasses legacy banking regs that impede profit and slow growth.
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why would you want to buy with bitcoin. Do you buy anything with gold? Wiser to exchange for depreciating fiat and then buy whatever you imagine.
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So you agree, its an investment vehicle and not a currency?
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Tell me the Tanker Container Project for cold brew wouldn't be a good idea
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No crypto can ever replace $$$. When you buy a house, you go to the bank and get a mortgage (printed $). It is IMPOSSIBLE to create a crypto mortgage because it has to come out of someone's wallet; you can not print
#Bitcoin
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That would be awesome. "Yes, I want a railcar of espresso. And keep 'em comin', ok?"
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Everything is in a bubble you are right about that... The real question is what technology will make it after it pops. The answer is that Bitcoin will survive because the technology is incredible. Just like email was an incredible technology when invented.
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That's some next level cognitive dissonance, "outgrown small payments" I want that on a t-shirt, fuck it, 1000s of t-shirts because I've out grown small payments
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