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SLP436 Juraj Bednar Bitcoin as Parallel Economy

Stephan Livera Podcast

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Using Volatility to Achieve Capital Goods

The only environment when this doesn't work is if Bitcoin steadily goes down. So again, when people complain about volatility, my answer is what are you talking about? Volatility is good. It allows you to go on cheap vacations and buy cheap capital goods. And actually, you can make use of the volatility. If it is volatile as it is right now, it will always hit this threshold. Yeah, for a long period of time.

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