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60 sats \ 1 reply \ @Undisciplined OP 1 Mar \ parent \ on: The Ultimate Purchasing Power of Bitcoin bitcoin
Since a large portion comes from absorbing the value fiat currently has as a store of value, the devaluation is implicit. So, maybe those should be considered to be 43B devalued dollars.
I was mostly following the logic, but some of the specifics probably slipped past.