Comments by "SAL" (@SAL-fs1mr) on "Bitcoin: What to Expect in 2020" video.

  1. Or buy what you want using bitcoin.
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  2. No, there is nothing to suggest that China has 70% of the bitcoins.
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  3. Bitcoin is the cryptocurrency KING. Many altcoin fanboys think their favorite altcoin provides "real utility", but the truth of the matter is, all the combined utility of all the altcoins together pales in comparison with the ultimate utility of Bitcoin, which is long-term store of value!
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  4. @James R store of value is a very real utility of money (the other 2 are medium of exchange and unit of account). You are technically correct, anything can be used as a store of value, but only idiots would store value in an asset that can be easily debased - that is why it is stupid to simply hold government printed money to store value over very long periods of time.
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  5. Actually, it is already possible to use bitcoin for instant and practically free transactions by using the bitcoin lightning network. Bitcoin: store of value and medium of exchange. Bitcoin is the default money of the cryptocurrency ecosystem and is the currency of the internet.
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  6. The effect of the halvening in price will be delayed, not immediate.
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