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With an inflationary fiat currency, people are always going to try to invent things like bitcoin to be able to do something with their money other than watch it
by datadata 4y ago
With an inflationary fiat currency, people are always going to try to invent things like bitcoin to be able to do something with their money other than watch it dissolve from inflation or be forced to consume.
I don't think that means that bitcoin is going to be successful, but fiat currency is either going to become less important or more coercive as people become aware of what inflation does and try to escape it.