Yes, but currently bitcoin also has practicality issues in the form of speed/transaction size as well as tax issues and volatility that all make it not really functional as a currency.
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Yes, but currently bitcoin also has practicality issues in the form of speed/transaction size as well as tax issues and volatility that all make it not really functional as a currency.
I'm not really worried about transaction size... Think about Italian lira... One had to have bucket full of coins to use a pay phone... Speed on the other hand has been issue for Bitcoin since ASIC miners were invented.... Too much hashing power will result in either premature reach of maximum emission or very long block times.