Bitcoin's low number of transactions may make it less suitable for daily transaction. It does not matter. “Bitcoin as store of value” Is what matters.
Like gold coins, Bitcoin is simply too valuable to be used in daily transactions. There is no reason that we will ever need to use Bitcoin to buy a cup of coffee. That transaction size is handled fine by Visa or in the future, central bank digital currencies (“FedCoin”) may provide the main payment rails for the financial system.
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Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.
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Understanding the basics of cryptocurrency
How to store cryptocurrency securely
Risks and benefits of investing in cryptocurrency
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