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by samrus 138 days ago
Wrong. The problem with bitcoin is its volatility itself. If it doubled in value, that means its undergoing hyper deflation, which makes it a terrible store of value.

Bitcoin's proponents are its own biggest liability. People who see it as a speculative asset rather than a currency that needs to be a stable store of value. It, like all currency, has no ingerent value and its stupid to speculate on it