⚠️ It is unacceptable to view a bitcoin payoff today as worth anything less than its current USD equivalent on an apples-to-apples basis with a fiat-denominated bond. These estimates assume no further currency debasements, which is a highly unreasonable assumption.

From: Bitcoin Requires a Deflationary Mindset

https://bfi-liart.vercel.app/#/section/2

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