Taking this away from egos and bragging for a moment - how are things doing on the cost of transactions?
We're all lucky enough to have stable and trustworthy banking systems. When you look at a lot of developing nations or authoritarian societies, that's not necessarily the case.
Is anything looking feasible as an actual currency from the transaction cost standpoint? Obviously that doesn't solve for extreme volatility, which is a different question I'm less interested in, because the technology itself is what drives transaction costs.
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