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July 04, 2021, 08:32:00 PM |
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As a technology you can't compare the two. They are too different, at least in their current implementations. However, as hinted at above when someone says Bitcoin is like the internet, they aren't trying to compare the two's technical aspects. Instead, they are comparing it to that people will rely on it in the future.
The internet, from its very invention boomed. Now, these days a lot of industries, and people rely on the internet for literally everything. Whether that be their job, hobby or to play games. Literally everyone has a use for the internet. Does Bitcoin have a use for everyone? Well, when there's alternatives that exist like fiat currencies, probably not. Not everyone is interested in the decentralized nature, and not everyone wants to be responsible for their own money. You can question their judgement all you want, but I think its still accurate that not everyone will have a use for Bitcoin or cryptocurrencies in general, unless Bitcoin becomes the mainstream currency people use on a daily basis. However, Bitcoin is far from that at the moment, so at the moment we can't really compare the two, at least without any data backing up our claims.
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