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WiM029 - The Frisby Series | Episode 7 | Bitcoin, Taxation, and Revolution
The "What is Money?" Show
Bitcoin Supply Is a Good Proxy for the Value of the Money
The more commercial activity that takes place on the internet, the more really value is created there. So bitcoin's purely expressing this economic growth through its price. If real stuff starts going dramatically in price, then that becomes inflation very quickly. That puts pressure on governments to debase currency or tighten rates. But even if they just tighten rates half a % or something, tit's going to be so much deflings marine pressure margin call and everything.
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