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Joined 7 months ago
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Cake day: May 28th, 2024

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  • The fundamental problem with cryptocurrencies is that the people with the enthusiasm to make them (libertarians), are too stupid (libertarian) to understand why a deflationary asset cannot work as a currency.

    It’s inherently a speculative investment. Nobody is going to spend something that might be worth dramatically more tomorrow and nobody is going work for something that might be worth dramatically less tomorrow.