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The most popular way to describe bitcoin is “digital gold.” Bitcoin may serve other purposes for other users, but it’s this simple, compelling catchphrase that’s been the most widely accepted use-case offered up by crypto advocates who are out spreading the word. Everyone knows gold. Now, everyone knows bitcoin.
But there’s a problem: it has no basis in reality, at least so far. We can see this by looking at how bitcoin’s relationship with real…
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