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SLP354 Josef Tetek - Why is Bitcoin HODLing rational?

Stephan Livera Podcast

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Is Bitcoin a Medium of Exchange?

Bit coin is not widely used directly as medium of exchange. It's use a medium of exchange where it makes sense, like for the crossborg repayments. And we are not going to arrive at hyperbit colnization with like altruistic payments. The economic incentives right now, in the western countries lead us to hordling bith coin and spending field.

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