SLP354 Josef Tetek - Why is Bitcoin HODLing rational?
Stephan Livera Podcast
00:00
Nocamoto Greshams Law
Gresham's law is actually an instance of price control, where you have surpluses on one side and shortages on the other. Bitcoiner sometimes invoke this gResham's law to describei the relationship between felt and bitcoin. But it only works if the government sets the ratio between the two currencies. And e the state to day, it barticular glate the value of fiat, but it doesn't regulate the value of bit coin.
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