
27. The Underlying Technology Behind Fiat Standard
The Bitcoin Standard Podcast
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Bitcoin on Chain Transactions - What Kind of Money Would You Use?
Bitcoin on chain transactions are effectively like PayPal running its own PayPal coin. You can't use the payment network itself for settlement payments, sorry, for consumer payments. It will never be able to scale to that level. But the money itself can be used for consumer payments in the same way as Visa or MasterCard and PayPal do.
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