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by hnnewguy
4171 days ago
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>The answer is that we are using it: as a store of value Money serves no purpose beyond a convenient means for economic transactions and paying taxes. There is no magic behind it, nor is it meant to be a long term store of value. It has to turn over to be useful. So if you're holding Bitcoin as a store of value (relative to what?) then there is no point comparing it to money. There's also a difference between "saving" and "hoarding". |
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