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RE: Bitcoin and the Rise of the Cryptos
Indeed bitcoin is daddy.....but a so called cryptocurrency is still due if you want it to replace fiat, most cryptos are assets like gold and nobody wants to exchange gold for a packet of chips.
the beauty of fiat currency lies in spending it in exchange for goods and services, not holding it.
I agree, we may do ourselves good spending all that fiat on empowering technologies. Especially if those technologies are not controlled by anyone and don’t require trust.