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... but here buy our new crypto gbp, it’s super stable.
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May calling Maduro how to setup ICO whitepaper
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Forgot about the Nr. 1 usecase; buying shitcoins
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Judging a seed before it yields, makes you a shitty farmer
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What he means is that he is not familiar with its charistics in relation to M1 economics. It is a parallel asset, with essentially fixed supply, and price determined by demand. He can put that in his pipe and smoke it...
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Now there's a man clever enough to know he won't have a job in a year if he doesn't accelerate his FUD to warp 5.
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Fiat has failed as a store of value. Just check inflation since the early 1900s
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He is correct about it not being used as a medium of exchange (at least not enough) - exchange is what will stabilize price and really send to the moon; store of value will cause stagnation and increase vol and manipulation (see Gold/Silver after being relegated to a 'sov')
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A man who spent 13 years with Goldman Sachs should look himself in the mirror for hints of failure
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