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This, this is a scam: https://fred.stlouisfed.org/series/M1SL https://fred.stlouisfed.org/series/M1SL Notice the 5x supply increase without a corresponding 5x i
by chrisco255 5y ago
This, this is a scam: https://fred.stlouisfed.org/series/M1SL https://fred.stlouisfed.org/series/M1SL Notice the 5x supply increase without a corresponding 5x in economic efficiency. Bitcoin is what it is. It's worth what people think it's worth. Just like gold. Gold has minimal practical use in real life but it was used as a type of money off and on for 5000 years.
- lottin 5y agoAll money is worth what people think it's worth. Next question.