Quote:
Originally Posted by -King-
"Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries."
Coulda fooled me.
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Looking like Bitcoin will prove to be a high value settlement network in its current implementation. Should consensus determine an increase in blocksize and some viable layer 2 solutions then sure, maybe someday it can serve as a daily currency but not today or the foreseeable future.