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Central banks debase currencies to discourage people from hoarding cash and using it as a store of value instead of investing it into productive assets. They ar
by blueblisters 5y ago
Central banks debase currencies to discourage people from hoarding cash and using it as a store of value instead of investing it into productive assets. They are not perfect but they don't pretend to be something they are not.
Bitcoin claims it's a "currency" but almost everyone uses it like a store of value (HODL) because its value keeps increasing.