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32 sats \ 1 reply \ @SimpleStacker 19h \ parent \ on: On the Economics of Peer-to-Peer, pt 2: The Stubborn Issue of Indexation bitcoin econ

They were already taking huge writedowns anyway, due to the homes being underwater and the mortgages not being repaid / entering foreclosure.

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6 sats \ 0 replies \ @Undisciplined 19h

True. Do you think it would more or less be a wash?

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