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matt4077
on March 6, 2016
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Bitcoin transaction processing takes up to 10 hour...
1. People want to use bitcoin for transactions. 2. They're priced out of the market. 3. OMG this us so obvious why am I even...
zdkl
on March 6, 2016
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Yeah but it's not as if there weren't literally hundreds of altcoins with enough liquidity to handle the lower end of the tx value scale
ori_b
on March 6, 2016
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At which point, why is there a need for bitcoin at all?
zdkl
on March 6, 2016
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Well... There isn't, in the same sense as there's no need for specifically the USD in the grand scheme of things, right?
ori_b
on March 6, 2016
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Right. But the reason I use USD is because it's what I spend in. If I'm primarily in an area that doesn't use USD, I would avoid holding USD.
There's no benefit for the overhead. This is an argument against using bitcoin.
zdkl
on March 7, 2016
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I agree with you, its not for everything but there inherent benefits to the bitcoin protocol/platform. Whether these integrate with your use case is (no offense intended) irrelevant to its properties
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