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by jollybean
1833 days ago
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Yes, and then you know what happens? Builders stop building because of dropping prices. Trees stop getting felled. It's called a 'deflationary trap' and everything falls apart. Nations need a stable currency to function, BTC is untenable. There's not much to debate here because it simply won't work, it's Banana Republic kind of stuff. They'll never switch over to BTC as a nation it's pragmatically impossible. If they had the ability to effectively switch over to BTC, then they'd have the ability to responsibly issue and manage a currency. |
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