BTC is not a Store of Value. It's mostly a speculative play that newcomers will buy into old brand. And maybe partly a bet on future LN development.
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"Gold is sound money" is what the gold holders need you to believe. Indeed the value of gold was stable while it was pegged to USD, and the Fed struggled to stabilize its value. When they finally gave up, gold became stupidly volatile, while the USD continued to be stable.
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Gold was stable long before United States was even a thing
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I suppose that you were there and thus you know what you are talking about.
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you don’t understand monetary economics and how money emerges in the first place. it’s sad that a computer science professor is so narrow minded when it comes to an emergence of natively-digital money. Money can exist outside of the state.
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I am no expert in monetary economics, but you obviously know a lot less than I do. You got your knowledge from guys who want to get your money by selling you gold or bitcoin at absurdly inflated prices. >>
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Nah, you don’t know anything.
End of conversation
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