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by TACIXAT
2962 days ago
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>why do people express the value of bitcoin in a fiat currency (like USD)? Mostly because businesses do accounting and pay taxes in usd, so bitcoin is just used as a pass through gimmick to make sales. There is no path to the price stabilization of bitcoin, it's purely deflationary, no one is going to set prices in something that has no monetary policy. |
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