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Operation Warp Speed and the Triumph of Governance | Alex Tabarrok & Richard Hanania

CSPI Podcast

CHAPTER

Is There a Transaction Cost for Bitcoin?

There is a transaction cost. If I want to send you like a dollar, they're what it uses, energy or something. So Bitcoin is going to be a better store of wealth. But other cryptocurrencies could definitely be mediums of exchange as well. You have to build up a big enough base that you have two people, one of whom wants and the given one of whom wanting to receive. And that's not easy.

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