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by mswiss
3117 days ago
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You should think about which fiat your likening it too. Its more liquid that certain fiat (Venezuela) and can definitely be used to buy things. It's not being used to buy things because its a deflationary currency which along with an adoption curve means it's more advantageous to sit on it. The adoption is definitely increasing the value of it, its a more liquid gold to me, but like any other currency or asset the value is derived from the trust and value that people put in it. |
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