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by eric_cc 1503 days ago
> It's the greater fool theory.

Is BTC any more greater fool than USD? If so, why do you believe so?

1 comments

People don't buy USD to HODL, they spend it.
This is bullshit and you know it.

Source: savings accounts.

Savings accounts are not speculative investments that are expected to appreciate over time. They are for people to store easily accessible money in, so that they can spend it in the future. Nobody is banking on selling their USD to someone else at a 2x markup in the future.