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by stevenwagner 4458 days ago
To be a bitcoin believer, its not necessary to think it will displace fiat. Bitcoin is deflationary like gold, so it shouldn't be much different then the gold commodity market or returning to a gold standard. For most of the united States growth and prosperity, it was on the gold standard.
1 comments

"For most of the united States growth and prosperity, it was on the gold standard."

Like the Great Depression, yes.