Now that we are all Bitcoin Maximalists, we need to take it to the next step and get rid of the confusion surrounding the monetary evolution of Bitcoin:pic.twitter.com/fwh8Ehsjw9
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Then Bitcoin is just a pure Ponzi scheme.
No, it’s a monetary good undergoing monetization.
So is every unbacked derivative on the planet and they suck up more money than any currency.
derivatives are not money
can't take discussions any further when you subscribe to that dogma
its not dogma, currency is a monetary good while derivatives are a financial instrument. Bitcoin isn’t competing with derivatives, it’s competing with fiat, monetary metals and other SoV-like ‘low-risk’ instruments. If you equate derivs with BTC you’re making a big mistake.
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