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Response to Jeff Snider's Criticism of Bitcoin - E244

Bitcoin & Markets

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Is There a Deflationary Dollar Shortage?

Digital currencies are ways to solve this inelasticity medium of exchange. Billions of dollars, billions of dollars worth of bic coin go through the bickcoin network every day. It is primarily in its store of value phase, where its sucking value. That's what bighorn is doing right now. And once it gets to a certain amount of through put capacity, it can start being used in other things.

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