291–295 of 295 posts
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What percentage of merchants and users accept HKD?
100% in Hongkong, which is also where the most HKD are circulated.
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Well it's pretty easy to spend an asset that's consistently increasing in value... the real test of it's utility as money is how many businesses and people have started accepting Bitcoin recently.
Why would you ever want to spend an asset that's increasing in value? Seems like a useful currency should be mildly inflationary.
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> If a single bitcoin transaction uses enough energy to power 5 households for a day, Care to share a source for this claim? I think you might have gotten transaction and new block generation mixed there, but I may be wrong, of course.
I got it from the article, but several responses say that it's a misrepresentation by the article, and that more transactions would not consume significantly more energy.