Bitcoin seems like a great medium of exchange and a terrible store of value. Very dangerous to think of it as a new asset class.
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@patrissimo do you think it's currently a bad store of value or inherently a bad store of value. Would you extend the same argument to gold?
@ArthurB Inherently a bad store of value, unlike gold which has non-monetary uses that put a floor on its value.
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@patrissimo@ArthurB So Patri you think there's a non-negligible probability that gold will go down in price to its non-monetary-use value?Thanks. Twitter will use this to make your timeline better. UndoUndo
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