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ErikaMun

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Everything posted by ErikaMun

  1. In economic terms, gold is no different from bitcoin and is the same meaningless commodity that only has value because you can sell it to someone. But the nature of bitcoin, like Moon Bitcoins, and gold are very different. They have different investor groups that will drift further apart over time. Bitcoin was created as a tool for settlement, not as a means of saving and preserving capital. Although it helps level out inflation, gold is more promising even though it no longer protects against a falling dollar.
  2. This was already talked about two years ago, so the question from a year ago could clearly have answers. After all bitcoins are mined, fees on the network will inevitably increase, but scaling solutions will provide users with cheaper options for transferring cryptocurrency.
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