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by notch656a 1310 days ago
No one 'needs' more than like 1% of a house. I have lived for months out of a bivouac, about $100 worth of nylon.

A house is 99% crypto and 1% "need."

Crypto follows a similar trajectory. The vast majority is speculatory and un-"need"ed bullshit and a tiny slice is stuff where it has a comparative advantage to traditional finance/money.