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by ikiris 826 days ago
Bold strategy posting about hyperinflation while crypto has more volatility than Marjorie Taylor Greene
1 comments
xcv123 826 days ago
What's strange about it? The creator of Bitcoin could not predict that volatility. The inflation of fiat currency is one major reason why crypto exists. Bitcoin has a 21 million BTC supply limit. That's the point.

However even with the volatility, it's way more stable than the Venezuelan currency. Crypto is widely used in Venezuela.

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nickthegreek 826 days ago
Being better than Venezuelan currency isn’t the slam dunk point you might you think it is.
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xcv123 826 days ago
It is for the Venezuelans. 28 million people were completely fucked by hyperinflation. Life savings destroyed.

The peer to peer network enabled them to circumvent the banking system, which is why BTC was created, according to the original paper.

https://bitcoin.org/bitcoin.pdf

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