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> Isn't it analogous to me investing my money in buying USD or the British Pound It would be, if those were hard (non-inflationary) monies. In a hypothetical
by centimeter 6y ago
> Isn't it analogous to me investing my money in buying USD or the British Pound
It would be, if those were hard (non-inflationary) monies.
In a hypothetical future equilibrium where Bitcoin is a world reserve asset, buying Bitcoin is approximately isomorphic to buying spoos or other wide-market indices.