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Bitcoinist 2020-01-28 12:00:04

Bitcoin Moves on Path to Money But Unit of Account a Long Way Off

Bitcoin is only a decade old but it has come a long way on the path to becoming money. A couple of metrics to consider are precision of spending and unit of account status. Bitcoin Satoshi Precision Increasing When bitcoin was first envisioned back in 2009 it was largely experimental. For its first year, tens of thousands of them were fired across networks just to see what happened. The first real world transaction occurred inRead More The post appeared first on Bitcoinist.com.

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