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A comment on Bitcoin Falls Below $20k for the First Time Since 2020. Parent comment

Re:Bitcoin Falls Below $20k for the First Time Since 2020 by thehappypm on Saturday June 18, 2022 @07:53AM (#31789062)
As a medium of exchange, the price of one bitcoin should be kind of meaningless. As long as you can quickly do the transaction and cash out on the other end, it shouldn’t really matter if BTC IS $100 or $100,000.
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Re:Bitcoin Falls Below $20k for the First Time Since 2020 by datadata on Saturday June 18, 2022 @10:17AM (#31790011)
As a lower bound it would need to be high enough to support the largest supported transaction. If the market cap of bitcoin was only $100, you could not transact $200.
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