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Things will be priced in bitcoin. You mean like how things are priced in gold now? Oh wait, we got off the gold standard specifically because of its high short-
by NickM 6y ago
Things will be priced in bitcoin. You mean like how things are priced in gold now? Oh wait, we got off the gold standard specifically because of its high short-run volatility. Hmm....
- Rallerbabs 6y agoGold never even moved to medium of exchange. It couldn't. Bitcoin can. And then it can move on to unit of account.