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Re:Increase in Bitcoin Addresses as More People Join the BTC... by input_sh on Friday November 20, 2020 @02:59AM (#25158247)
Think of it as gold. Almost nobody uses it as a currency. It's an investment whose value will hopefully rise, at which point you're just gonna convert it for a "real" currency.
Re:Increase in Bitcoin Addresses as More People Join the BTC... by arcticbull on Friday November 20, 2020 @03:03AM (#25158275)
Think of it as gold whose storage cost scales linearly with its market price. Instead of with whatever a warehouse and a few kalashnikovs costs. Block reward welfare reduction scales linearly with market price.