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by mrb
4941 days ago
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I agree with all that. Yes, the only reason that gold is a stable investment is because of its large, mature market. My point is that time will naturally take care of this for Bitcoin: volatility will reduce as its use around the world increases. And since Bitcoin has already proven it could survive its first 4 years where volatility was at its highest, then it is likely to continue to survive and grow without a monetary policy. Boostrapping Bitcoin was the hardest part, and this was accomplished successfully. |
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