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Replying to Avatar Neil Jacobs

If on ramps to buy bitcoin are tightened, I can see a scenario where the rate of adoption slows, but the price of bitcoin goes up as the people who know what bitcoin represents urgently stack more and are less willing to part with their bitcoin.

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👁 Merlyn bitcoin 2y ago

It'll create an exclusive circular economy. Miners will need to sell P2P. Which shld increase demand.

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