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RE: Tomorrow the G20 Meets to Discuss Crypto, Will This Meeting Wreck Crypto?

in #bitcoin7 years ago

It might be a long time before cash is actually obsolete. The technology has not even been fully adopted yet and it's rare to see spending in bitcoin. It was a thing for a while, but unpredictably high fees and high volatility kind of ruined it. People buy bitcoin to store money and as a high risk investment option. Removing cash now would be chaotic.