5 years ago
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Up to Two-Thirds of Bitcoin Transactions Have No Economic Value
On any given day, as much as two-thirds of the transaction activity registered on the Bitcoin network has nothing to do with buying goods and services or trading the virtual currency.
Continue Reading https://www.bloomberg.com
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Isn't all money the same? If you look at cash, they would be counting things like changing wallets, getting change, counting cash, auditing cash, moving cash at the end of a business day, transferring cash between business and bank and vv. exchanging currencies. So many things that have no economic value.
Most of these kind of articles is to (subtly) undermine cryptocurrencies.