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> Copernicus postulated the principle that "bad money drives out good"

[Monetae_cudendae_ratio](https://en.wikipedia.org/wiki/Monetae_cudendae_ratio)

While studying political economy in early 1980s it was explained during a lecture that _good money_ is hoarded and replaced in circulation with less waluable one. It was presented as _Copernicus law_.

That itself is enough good explanation for _hodl_ attitude in regard to #bitcoin.