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by coralreef
1735 days ago
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> Bitcoin doesn't do this any better than gold, real estate, company ownership through stocks, or even toilet paper. VS physical gold it has a lower storage cost, lower transfer cost, faster to transfer, easier to divide, harder to steal, etc. Houses can't be divided up very easily, have high transaction costs (listing, agent commission, paperwork/mortgage, etc.). Stocks can't be custodied, can be frozen, diluted, etc. Toilet paper can be printed at will. |
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