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The value of the dollar has a floor in that the US government requires that you remit your taxes in dollars. Sure, the US could cease to exist, but that is far
by compiler-guy 5y ago
The value of the dollar has a floor in that the US government requires that you remit your taxes in dollars. Sure, the US could cease to exist, but that is far less likely than any scenario where bitcoin goes to zero.
- wyager 5y agoThe demand introduced by US tax obligations is a vanishingly small fraction of USD demand.