A Short Comment on Bitcoin
In its inception, Bitcoin was a good idea; a medium of exchange that could be used across the internet with an understood value independent of national authority. It was meant to be isolated from the economic, social, and political forces that cause fluctuations in national currencies and avoid the messiness of exchange rates. This is not what it is today. Bitcoin is not a currency because it is not a medium of exchange. Many have tried to make it so but even Tesla recently stopped accepting Bitcoin for vehicle purchases. It is now only discussed in relation to it value…
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