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A comment on Tesla buys $1.5B in Bitcoin, may accept it as payment in the future. Parent comment

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by nprateem on Monday February 08, 2021 @10:58AM (#26066213)
I read an interesting book the other day on technology & economics that I'd highly recommend [1]. Tech creates efficiencies. Cryptos have potential to remove large swathes of the financial system, making things more efficient.

[1] https://www.amazon.co.uk/Price-Tomorrow-Deflation-Abundant-F...

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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by maclured on Monday February 08, 2021 @11:15AM (#26066429)
This. Smart contracts have lots of possible uses such as removing brokers (housing deeds), flattening distribution (there's one musician selling on etherium via a smart contract) etc.

Projects like particl [1] are creating a decentralised, anonymous marketplace with very low fees. Imagine being able to sell on ebay or amazon and only paying pennies in listing fees.

This is an early stage in crypto but the trend is inevitable.

[1] https://particl.io

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