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Old 06-12-2023, 01:37 PM   #529
Brian Swartz
Grizzled Veteran
 
Join Date: May 2006
Quote:
Originally Posted by Hammer
You live in countries where your currency is debasing by 50% or even 300% a year you may take Bitcoin more seriously. There is a set supply, none of this printing out of thin air which leads to these horrific inflation figures. You legally can not own a stable (ish) currency like the dollar. Numerous countries which have frozen the bank accounts of their citizens without warning due to the financial chaos that they themselves are responsible for.

That's fine if and only if you can buy things directly with Bitcoin. I.e., it actually becomes a functional currency. Otherwhise it does no good. The likelihood of that happening in countries run that poorly on the financial side is ... not high, to be kind about it.

Last edited by Brian Swartz : 06-12-2023 at 01:38 PM.
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