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A comment on Not Being Bullish Enough on Bitcoin Is a Mistake. Parent comment

Re:Not Being Bullish Enough on Bitcoin Is a Mistake by Closi on Sunday December 27, 2020 @03:54PM (#25554163)
Because a 30 minute transfer time, or $1 fee means you can’t do small and fast transactions (which are the vast majority of transactions for a traditional currency).

This means Bitcoin is simply not a good currency for most transactions.

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Re:Not Being Bullish Enough on Bitcoin Is a Mistake by alwillis on Sunday December 27, 2020 @08:20PM (#25555831)
First, it usually doesn't make sense to buy coffee with bitcoin. Why would I do that if I had the choice to use depreciating fiat instead?

As a currency, the dollar is great for quick, low-cost transactions. But it's no longer a good store of value.

Besides, I can use my Cash App debit card or app and get cash back in bitcoin, which is rapidly appreciating in value [1].

As I already mentioned, lightning network provides fast (less than a few seconds) and cheap (fractions of pennies) off-chain bitcoin transactions—http://lightning.network/.

[1] https://cash.app/help/us/en-us/30982-bitcoin-boost

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