Who will buy pizza with bitcoin. When the currency has more value than the item being purchased who will think of parting with it!
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If btc growth remains unchecked, a substantial amount of the world economy will be controlled by 1% of wallets, and financial institutions lose access of control to the money supply. In this improbable case, the fiat systems will crash, and pizza appreciate dramatically in value
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Each bitcoin transaction now requires 250Kwh of electricity. The cost for that is much higher than a single pizza.
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That is part of what I think we should consider: is a world in which the majority of monetary transactions are performed with Bitcoin able to sustain an economy that can still produce and distribute affordable food?
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Before anything, you should be able to diversify.
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It might become way less volatile im 5-15 yrs. Then hypothetically --> 1 Sat = 1 old dollar
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