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If bitcoin is a currency, then the prices of things in bitcoin have fallen over time. What cost 40,000 BTC a decade ago now costs 1 BTC. But bitcoin is more of
by koboll 6y ago
If bitcoin is a currency, then the prices of things in bitcoin have fallen over time. What cost 40,000 BTC a decade ago now costs 1 BTC.
But bitcoin is more of an asset than a currency, so speaking of it in terms of inflation / deflation leads to oddities, like this.
- PragmaticPulp 6y ago> But bitcoin is more of an asset than a currency, so speaking of it in terms of inflation / deflation leads to oddities, like this. Assets inflate and deflate. It’s not an oddity.