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RE: Bitcoin is not Cryptocurrency

in #blog7 years ago

You're right in the sense that Bitcoin was designed to be a cryptocurrency. My comment wasn't explicitly clear on this. I meant Bitcoin is impractical for daily transactions, just like gold is impractical for daily transactions. Bitcoin can't handle the volume. It might change with more innovations, but there are alt coins which have solved this in a different way.

I'm also big on Ethereum because it's a different approach.