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The financial system also has a saying: The markets can remain irrational longer than you can remain solvent. The verification you refer to prevents double spe
by Karunamon 5y ago
The financial system also has a saying: The markets can remain irrational longer than you can remain solvent.
The verification you refer to prevents double spending. It does not prevent insane valuation swings due to sentiment, government action, etc. That makes it a worse store of value than most fiat currencies.