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by grey-area
4171 days ago
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It is not the transaction fees itself, but the currency exchange rates that kill you at one end or the other. Wouldn't the incredibly volatile currency exchange rate of Bitcoin also cause problems? It is not immune to this as it is free floating against other currencies. I'd love to see a world-currency which does away with existing credit card companies and transfer fees worldwide, but Bitcoin is not suitable, and I suspect if we see one emerge it will quickly be regulated and taxed by governments like all other means of storing wealth. |
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