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by logicallee
4437 days ago
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I think by definition it is a currency if it succeeds as a remittance mechanism - because you can really only send BTC using the bitcoin network, it can't track USD values directly (as a network.) Using the Western Union network you can literally "send dollars" (or euros or pounds) but the same isn't true of bitcoin. It's a remittance network tied to a currency, and that currency is bitcoin. In this sense its use as a remittance network implies its success as a currency. For this reason, I had no idea this is what you meant - I thought you meant it can succeed as an investment, without succeeding as a currency. |
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