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Since 20 dollars of 100 has been printed the past 12 months due to Covid, I am happy something like bitcoin exists. For me it’s a hedge against quantitative eas
by mettamage 6y ago
Since 20 dollars of 100 has been printed the past 12 months due to Covid, I am happy something like bitcoin exists. For me it’s a hedge against quantitative easing.
In that sense, I see bitcoin as a more robust store of value than fiat currency.
- alwillis 6y agoCorrect. To quote @Travis_Kling: Bitcoin is a non-sovereign, hard-capped supply, global, immutable, decentralized digital store of value. It’s an insurance policy against monetary and fiscal policy irresponsibility from central banks and governments globally.