I’m on Murad’s side. Why would you not just hold Bitcoin instead of depending on a central bank keeping their currency steady with Bitcoin?
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I dont think fiat will survive in it's current form. How banks transition to a bitcoin peg, I honestly have no clue, but I'm sure its possible.
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They already target a cpi. Bitcoin is simply a more apolitical metric for comparison. What people don't realize is that bitcoin's expected deflationary trend would simmer if fiat was stable in comparison (why would we need bitcoin if fiat was just as good?)
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Drug dealers, people who lose trust in banks, corporations looking to avoid tax or sidestep regulations, central banks, dictators, sovereigns, digital nomads, etc. *Someone* has to want to use/buy/transact with Bitcoin in order for it to have value in the first place.
End of conversation
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