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The currency will be hoarded with only a tiny proportion of the stock being used for transactions. The price will increase rapidly so long as the transactional
by james1071 13y ago
The currency will be hoarded with only a tiny proportion of the stock being used for transactions. The price will increase rapidly so long as the transactional demand increases and the hoarders do not sell.
One day, of course, the currency will crash when hoarders finally try to cash out.