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by bingbong70
1856 days ago
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People are looking forward to an economy that revolves around a deflationary/limited-supply currency like Bitcoin so, for example, excess housing supply doesn't get wasted for the sake of speculation/inflation-hedging. People looking to protect wealth would liquidate as many assets as possible for Bitcoin to achieve the maximum passive return and not hold underutilized assets on their balance sheet. Have 3 houses and only live in 1? The fact that your houses are losing value in Bitcoin terms will push you to sell if wealth preservation is the goal. |
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