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I’m sure the graph looks the same in ANY non-inflationary currency, including gov’s, silver, and several other fixed-quantity cryptocurrencies.

This is why I don’t see the value of BTC being any mark of the value of BTC. Rises in BTC price vs USD is not an INCREASE in BTC value… it is a stasis of BTC value against ever further depreciation of USD value.

#fiat #btc #bitcoin #stacksats