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Revision as of 15:26, 14 May 2015
Whereabouts in are you from? <a href=" http://uberdorkdesigns.com/enthusia-mg.pdf#disastrous ">enthusia online</a> The cash analogy is really important. Cash is very valuable because if I give you cash, you have it and you donâÂÂt really care who I am because the cash has value so you donâÂÂt need to worry about my creditworthiness. As long as IâÂÂm giving you the $10 itâÂÂs yours and I canâÂÂt get it back, thereâÂÂs no chargeback on it or anything. There are a lot of transactions where cash is really the most efficient way to do them but there is no cash on the internet. ThereâÂÂs no way to actually put cash on a wire so Bitcoin is cash on a wire. So every transaction that you would want to do electronically but ideally youâÂÂd want to use cash, Bitcoin is the ideal currency to do that transaction with.
