Doesn’t more trading (and hence liquidity) increase the value, as opposed to constricting supply? Or is the analog gold-standard reserve currency? Honest question to learn.
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More trading doesn’t neccessarily increase value, you can theoretically have high volumes during a price collapse. Assuming no difference in demand, restricted supply means likely higher price. Gold-like analogies more applicable here though imperfect. Early monetization now.
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1/Thank you for the response. Not sure I agree (or more likely understand), but I see the two use cases (payment mechanism, storage of value) as somewhat in conflict...
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Payment mechanism usecase doesn’t accrue much value. Store of Value usecase accrues value to the commodity.
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Could bitcoin ever be considered a religion?
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So yes?
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Yes. It’s cult-like.
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Agreed
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Murad too much build up is not good

I like it thoughThanks. Twitter will use this to make your timeline better. UndoUndo
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But a billionaire said it is “anti-social, stupid, and immoral”. SMH
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Murmurations IIRC.
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If it shows up in my ER, how do I resuscitate it? If I fail, how do I declare time-of-death? That's the Turing test for living beings.
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Bitcoin's logical conclusion is the
#BitcoinHydraThanks. Twitter will use this to make your timeline better. UndoUndo
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I thought you was supposed to use it to buy things? seems likes BTC turned into speculation and hoping you could sell it to the next fool years now.
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Maybe BTC is the real Abiogenisis of AI
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superintelligence :D lol
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