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RE: The Network Effect Cannot Save Bitcoin

in #bitcoin8 years ago

Yeh I hope you're right about that too and I know there are many smart people working on solutions, however, the fact that we're now at the stage of high fees and long confirmation times doesn't indicate that they have been doing a great job so far of scaling Bitcoin to be the fast, cheap, global currency we hope it can be

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Bitcoin as it is will never be any of that. At best in might become a recognized store of value, which is no small feat.