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Currency has more than two functions. Transferring wealth is not the same as paying for goods, and storing wealth is not the same as holding a speculative asset
by rrrrrrrrrrrryan 6y ago
Currency has more than two functions. Transferring wealth is not the same as paying for goods, and storing wealth is not the same as holding a speculative asset class.
Bitcoin is volatile. Holding it is more like holding gold, not USD.
Bitcoin is very easy to move across borders. Moving it is much more like a bank transfer, than paying for a pizza.