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@travelwritemoney
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I think BTC will ultimately be similar to gold. BTC has many advantages over gold. However, it is more expensive to transact than many altcoins, which makes those preferable for day to day use in commerce, remittances, and payments. BTC will work for the wealthy, but not the poor. $1 in transaction fees isn't much for some people; but, in some parts of the world, it is significant. BTC at one point had transaction fees around $35.

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