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by satyrun
355 days ago
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Not to mention you can't have a robust credit market built on top of a deflationary currency. Imagine you take out a 30 year mortgage in 2025 with 12 periodic payments of .01 BTC a year. Imagine offering a 10 year bond that will make quarterly payments of .01 BTC. What is the price of this bond? It is just a meaningless question practically. |
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