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>Also, what justifies Bitcoin's value at ~17k ? Rich people in non-democratic countries worried about currency export controls and sanctions. Other methods of
by Finnucane 9y ago
>Also, what justifies Bitcoin's value at ~17k ?
Rich people in non-democratic countries worried about currency export controls and sanctions. Other methods of parking money externally (real estate, etc.) are subject to restriction and seizure.
- phoe17 9y agoIsn't the high volatility a major drawback to this use-case?
- __sha3d2 9y agoThe volatility is supposedly temporary
- throwaway2048 9y agoif you cant move out money at all, you will happily take a rather large haircut to be able to do so.