Re:Bitcoin: the Stripe perspective
by maaku on Monday July 21, 2014 @03:01PM
(#8065383)
Bitcoin (the currency) is a terrible medium of exchange. It may make for a decent store of value. Are you sure you're using those terms correctly?
Bitcoin (the protocol) is awesome for payments. But that is a separate issue from the monetary policy underlying bitcoin (the currency), which is stacked against being a medium of exchange.
Bitcoin (the protocol) is awesome for payments. But that is a separate issue from the monetary policy underlying bitcoin (the currency), which is stacked against being a medium of exchange.