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by madis
1834 days ago
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You don't seem to understand bitcoin. You're talking about cashing out. Why would anyone cash out from bitcoin? Ok, you get some dollars. What do you do with them? They lose >10% yearly, whereas BTC has gained >200% yearly over the past 10 years. Instead you hold it. And if you need money you borrow against it. Likely the poorer people won't be able to save & hold much bitcoin at least in the beginning. But the government can keep their reserves (and pension funds for example) in BTC and thus benefit everybody. |
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