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Currencies aren't intended to generate value. They're intended to be circulated. So long as people feel safe to circulate it, it can keep going forever.
by vinceguidry 9y ago
Currencies aren't intended to generate value. They're intended to be circulated. So long as people feel safe to circulate it, it can keep going forever.
- will_brown 9y ago>So long as people feel safe to circulate it, it can keep going forever. I mention in my “stock analogy” the thing Bitcoin really has going if considered a stock would be that it is easily transferable. But where it begins to get tricky is others being able to offer that same function but faster and cheaper than bitcoin.