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Here's a use case: Store your wealth digitally in an asset with a fixed supply that is not controlled by a government entity without the use of a third-party i
by tharne 6y ago
Here's a use case:
Store your wealth digitally in an asset with a fixed supply that is not controlled by a government entity without the use of a third-party intermediary.
Obviously this applies to only to Bitcoin and not inflationary cryptocurrencies.
- deleted 6y ago[deleted]
- tromp 6y agoYes, obviously you cannot store wealth in a cryptocurrency whose inflation will at some point forever remain under 0.1% [sarcasm] Never mind that the yearly coin loss is probably closer to 1%.
- tharne 6y agoYou can store your wealth in anything you like, even highly inflationary assets like cash, if that floats your boat. I was clarifying the use case I offered, which was an asset with a fixed supply.