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7y ago
It is. You either store value in dollars, euros, gold, real estate, art or bitcoin.
You can't "dobule spend" the same value.
garmaine
OP
7y ago
The market cap of bitcoin going up does not make the market cap of gold, usd, or real estate go down. Total aggregate wealth is not zero/fixed sum.
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garmaine
7y ago
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Why competition? This isn’t a zero sum game.