Bitcoin makes the stock market irrelevant. Most people buy stocks purely as a SoV, practically none will outcompete bitcoin.
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I agree it won’t go away, “irrelevant” was too click-baity. The stock market thrives on a system of credit, which is no longer the case with the return of sound money. Bitcoin’s sound monetary policy eats credit for breakfast.
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I’m comfortable saying BTC may make the stock market *less* relevant, as people realize most of what they really desired all along is accomplished by a SoV.
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