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The correction would do what we expect and drive up the value of BTC as people want it and those who already have a lot of it will use BTC to bolster their asse
by downrightmike 7y ago
The correction would do what we expect and drive up the value of BTC as people want it and those who already have a lot of it will use BTC to bolster their assets. Just like we are seeing with south america, where inflation is rampant, workers are turning to online work and getting paid in BTC. It makes sense that the fall of USD as fiat currency would drive further adoption of BTC which is relatively stable. Relatively because only so much can be made, but there are a lot of hodlers out there waiting for the next spike.