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A comment on Bitcoin is not a store of value. Parent comment

Re:Bitcoin is not a store of value by rufusroflpunch on Monday September 19, 2022 @07:13AM (#32896804)
I consider Bitcoin’s use only as money to be a good thing for Bitcoin. It has no competing uses, thus has ultimate comparative advantage as money. The best monies throughout history had no competing consumption uses.
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Re:Bitcoin is not a store of value by ben_w on Monday September 19, 2022 @07:49AM (#32897064)
An interesting idea. I think digital and paper currency[0] are the obvious competitors however, so it isn't uniquely the ultimate comparative advantage.

[0] Ok, I guess you can burn paper money or use it as a chair, I think Weimar hyperinflation had examples of that…

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Re:Bitcoin is not a store of value by lottin on Monday September 19, 2022 @12:10PM (#32900255)
What makes you think having no competing uses is an advantage?
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