2min chapter

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IMPORTANT: Announcing Blockworks’ Latest Podcast, 0xResearch

Forward Guidance

CHAPTER

Cryptocurrency - What Is CVX?

Stable coins are essentially bonds. And even Bitcoin itself, like it has about a 1.75% inflation rate per year right now. Once that activity picks up and it becomes deflationary, you no longer require a new marginal buyer to pick up that extra issuance. That's really the only asset in crypto that has that quality. So I think it's super valuable.

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