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How and why would Bitcoin remove value from real money?

• elif 9y ago
  Basically, because one is being printed faster over time and and the other is being printed slower over time. Also boom/bust cycles and the increasing mainstream sentiment of crypto as a safe-haven asset.
  • jimmaswell 9y ago
    I read an argument once that an inflationary currency encourages spending and discourages hoarding, and it follows that the reverse would be true for a deflationary store of value like Bitcoin. And are you saying boom/bust cycles are a good thing? For pretty much any average user of money, they're not.