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A comment on Visa Plans to Enable Bitcoin Payments at 70M Merchants. Parent comment

Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants by Kranar on Wednesday March 17, 2021 @10:29PM (#26499182)
Most BTC is held by an exchange, like Coinbase, Binance, etc... so this statistic is about as meaningful as pointing out that 95% of US dollars are stored at a bank.
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Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants by sellyme on Thursday March 18, 2021 @12:59AM (#26499811)
A lot of BTC was held by an exchange like Mt. Gox and Bitfinex, too.

With banks I can trust that I can actually get my money bank. BTC isn't decentralised, and the central actors controlling the system are far less reputable (which is saying a lot, when they're being compared to bankers).

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