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10 sats \ 0 replies \ @jk_14 22 Apr 2023 \ parent \ on: My Journey to Bitcoin maximalism bitcoin
"Fragmentation means that (...) [Bitcoin] cannot fulfil the social role of money. Ultimately, money is a coordination device that facilitates economic exchange. It can only do so if there are network effects: as more users use one type of money, it becomes more attractive for others to use it." (Bank for International Settlements)
https://www.bis.org/publ/bisbull56.pdf