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What nonsense did I just read?
Without sarcasm, I'm genuinely interested in why do you consider it nonsense. That answer is actually useful for me, please express yourself.
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I dont understand the paradox. What is the circular reasoning here? Bitcoin will only be as valuable as people think it is.
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Yes, I'm not arguing against that. I'm just talking about adoption, never saying that bitcoin will not have value.
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"fiat can be indefinitely multiplied, causing bitcoin to be virtually eternally unstable in fiat if the State wants to." ? Isnt this saying bitcoin wont have value?