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A comment on As an investor, why is crypto so hard to value?. Parent comment

Re:As an investor, why is crypto so hard to value? by vmception on Sunday December 12, 2021 @10:06AM (#29530166)
> try to pay a taxi in Djibouti, Sao Paolo or Islamabad with a BTC or USD and see which they'll accept and which will get you kicked out.

Even though the "merchant adoption" meme is the least interesting part of any asset, currency or potential payment method, the question is where does the goal post move when you can do that? Can you give us a preview of what your next goal post is?

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Re:As an investor, why is crypto so hard to value? by WastingMyTime89 on Monday December 13, 2021 @03:38AM (#29537858)
I mean that’s the definition of currency not really moving the goal post: store of value, unit of account and mean of exchange. At this point, I am not sure bitcoin even ticks one.

It’s an asset with a volatile price. It is not a currency.

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Re:As an investor, why is crypto so hard to value? by MCneill27 on Monday December 13, 2021 @11:36AM (#29541171)
Bitcoin !== Cryptocurrency

But yes, I agree with you about BTC.

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