I always thought you were an optimist. The world reverting to Hobbesian hoarding of non-productive assets that track inflation rather than deploying capital into innovation seems particularly pessimistic.
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literally the tweet you responded to was about gold, a store of value that has existed for thousands of years
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It’s a VERY ODD argument from Parker. If BTC is successful it will increase in value to a level where returns fall to be broadly in line with today’s SOVs - RE, treasuries, mega cap stocks, etc. at least BTC doesn’t distort people out of a place to live/work.
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