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If you think bitcoin is a good currency, imagine what happens if you were to have any debts denominated in bitcoin. E.g. your bitcoin denominated student loans
by nerfhammer 9y ago
If you think bitcoin is a good currency, imagine what happens if you were to have any debts denominated in bitcoin.
E.g. your bitcoin denominated student loans suddenly cost the equivalent of millions or billions of dollars to pay back. Good speculative vehicles and good currencies are not identical sets.