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This is key. Profits from Bitcoin or from Bitcoin's losses are not restricted to the Bitcoin ecosystem. In other words, the Bitcoin ecosystem is not closed. For
by warkdarrior 5y ago
This is key. Profits from Bitcoin or from Bitcoin's losses are not restricted to the Bitcoin ecosystem. In other words, the Bitcoin ecosystem is not closed. For example, Ethereum or Algorand or Avalanche may benefit if bitcoin loses its value, even if those communities may not participate in Bitcoin.