siffinleex

6 ms·

1. 1.▲
   by siffinleex 9y ago

   > money supply isn't large enough, so Bitcoin, like gold, becomes a store of value and is useless as a currency. This isn't true though, the supply of the money has no relation to whether or not something becomes a store of val
2. 2.▲
   by siffinleex 9y ago

   It is both a currency and a means of investment, all currencies are, even inflationary fiat currencies, the people who get in first when interest rates are high can earn a lot of interest before the currency is eventually devalued by the co
3. 3.▲
   by siffinleex 11y ago

   Well, it can address this problem as well but you would have needed to wait until the problem was fixed, which is a time you wouldn't reasonably wait unless the transaction was extremely large value. Maybe a take away point from all th