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Replying to Avatar Jameson Lopp

Mind blowing metric:

The 1 year velocity of the average unit of bitcoin has dropped to levels not seen since 2011. That is, the average satoshi is spent only 6 times per year!

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Fiat Shenanigans 🤡🌎 2y ago

I'm not sure that's a good thing in regards to building out the Bitcoin economy, unless sats aren't moving on chain because they're locked up in lightning channels and they're actually changing hands a lot inside those channels.

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