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by Mertax
1467 days ago
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I agree, this is still a problem to solve. Current inflation levels are evidence of that. The problem is bitcoin is being treated like an investment because of “greater fool theory” and no one is treating it like a currency in any meaningful way. It’s crashing because it’s not showing its value as an effective currency. At least not yet. Right now it’s a store for excess liquidity and that makes it too volatile to function as a currency. |
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