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by closeparen 3112 days ago
I thought the original idea of Bitcoin was to be a currency and make fiat money obsolete. The finance industry is simply acknowledging that it’s a speculative asset and mostly interesting for its volatility, something that fits well within its longstanding frameworks.
2 comments

This is my thinking. The volatility of bitcoin is insane and fascinating. It’ll be a real experiment if futures flattens it out.