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with no aggregate monetary growth it would be like "investing" in a game of poker. This statement is wrong, because you measure profits in money rather than va
by snitko 14y ago
with no aggregate monetary growth it would be like "investing" in a game of poker.
This statement is wrong, because you measure profits in money rather than value. With bitcoin the amount of money in the economy stays the same, true. However the value of each unit grows as soon as you invest and produce something useful that people want. This means, you may receive back even less than you invested in absolute units of money, but more in value.