this post was submitted on 21 Jun 2023
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Bitcoin

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[–] feor@feddit.de 0 points 1 year ago

I am wondering. What‘s your take on a long term scenario for BTC? I guess returning to a new bitcoin standard (as in „former gold standard“) where bitcoin would back everything as gold did is most likely IMO. I doubt that countries / IMF will let the control they have with currencies go. So using BTC to back currencies and forcing them to be deflationary would be already an amazing achievement. Happy to discuss!