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0 sats \ 3 replies \ @SwapMarket 19h \ on: Bitcoin: "A system built for wealth extraction and concentration" bitcoin
what "risk of loss during a transaction"? does he not know the bech32 addresses have check sums?
Purchasing power is meant to be here.
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Still. You don't lose purchasing power when paying with bitcoin, you exercise it. Same goes if you sell your stock portfolio to buy a house, or what not. Saving for the sake of saving makes no sense. We save to defer spending.
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You mean basically that purchasing power increased. Generally I agree that people exercise it during transaction settlement.
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