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20 sats \ 0 replies \ @KingZing 6 Jun 2022 \ on: Rethinking the function of fiat currency | Sahil Chaturvedi bitcoin
I honestly don't see why bitcoin would stabilize in value even as its market cap grows. Its value is purely demand driven and is extremely supply inelastic. No capital control to reestablish faith as well.
The proposed idea in the article makes perfect sense, but if the volatility remains high then wouldn't most people better off DCA into BTC?