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by dahdum
3099 days ago
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If you were in Venezuela you would certainly prefer to own Bitcoin if it had the same buying power in 6 months than keep local currency. Could be said of rubles and other currencies as well. Even in the US, holding Bitcoin at the same buying power would be a hedge against inflation. Of course the Bitcoin price in USD would still fluctuate, if it were pegged to USD there wouldn't be much use other than easier to move around. |
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