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Replying to Avatar LogicallyMinded

Even if you believe that the medium of exchange use case isn’t important to #Bitcoin because you want to save rather than spend your #BTC. You’re probably missing the fact that if Bitcoin can’t supersede the fiat system as a medium of exchange it makes it more vulnerable to “paper attacks” from the banking system which consist in printing paper bitcoins. This type of attack is made possible in part because people don’t regularly utilize bitcoins making it for many people a decent instrument to hold with their traditional financial institution.

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Nëïgsëndöïg 1y ago

The ETFs are a sign of this fallacy with paper BTC attacks.

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