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Kurt salmen's avatar

If a country has an economy based on a fiat not backed by anything other than itself you have a money tree…if you have a computer generated token transferable into a countries currency you have a laundry machine.

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Quickheads's avatar

Ackshually… a loaf of bread or a bowl of rice or a gallon of milk, etc, is a fundamental unit of value for a human… the price of bitcoin in loaves of bread is all over the place… even worse than most fiat currencies… it is not a stable indicator of fundamental value.

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