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Bitcoin Failed As Electronic Cash, But Triumphed As Gold Alternative - Sorry, Satoshi
Bitcoin Failed As Electronic Cash, But Triumphed As Gold Alternative - Sorry, Satoshi
Jun 15, 2024
Sorry, Satoshi Nakamoto, we have failed you. On-chain data suggests Bitcoin is no longer being used as electronic cash. Most users see it as an equivalent of 'digital gold'. According to CryptoQuant founder Ki Young Jum, Bitcoin’s circulation has recently slowed down. The velocity of the token, whic

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