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by PragmaticPulp
1941 days ago
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Naming other wastes of electricity doesn’t make them all okay. Multiple wrongs don’t make them all write. The narrative about central banks eroding life savings is greatly exaggerated by people who want us all to buy Bitcoin. Inflation raises the price of assets in general (virtually the definition of inflation), meaning virtually any non-cash investment will be buoyed by inflation. The idea that Bitcoin is the only way (or even a particular good way) to avoid inflation is a myth. |
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