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Irrespective of whether people agree to the analysis or not, it is interesting that most replies focus on wealth destruction. All the while not checking the act
by thisisit 9y ago
Irrespective of whether people agree to the analysis or not, it is interesting that most replies focus on wealth destruction. All the while not checking the actual heading, which is:
"for every $1 of Bitcoin converted into cash, up to $25,000 of paper wealth is destroyed"
So, the blog writer is aware of what wealth is lost and it might not be actual.