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> Why would you want to hold something that is constantly losing value when you can use something is gaining in value? You would do neither. You would spend wh
by lukas099 9y ago
> Why would you want to hold something that is constantly losing value when you can use something is gaining in value?
You would do neither. You would spend what is losing value, and hold onto what is gaining value.
- raiflip 9y agoYep that is exactly my point. Hence USD would stay in circulation and bitcoin would not.
- anonymous5133 9y agobut that's not what is actually happening. People do spend their bitcoins on stuff.
- anonymous5133 9y agoThat's correct, assuming the person doesn't need anything else in their life. For the average joe, they have bills to pay so they will sell the increasing in value asset to pay their bills.