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You've misunderstood my comment. I'm not arguing against the idea that Bitcoin is a poor medium of exchange, I'm arguing against the idea that the sort of actio
by jessriedel 9y ago
You've misunderstood my comment. I'm not arguing against the idea that Bitcoin is a poor medium of exchange, I'm arguing against the idea that the sort of actions taken by the Fed would help. Rather, the Fed acts on a much longer timescale which are relevant for store-of-value roles.