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Originally Posted by iDumb
But your analogy has a flaw in that bitcoin is actually not being used as currency.
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I guess I didn't emphasize this point enough. Although it can be used as currency its primary use case is store of value. If 10% bitcoins are used as currency 90% are used for store of value. In my experience transferring bitcoin takes 20-40 mins which makes it very inefficient as a currency.