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Replying to Avatar Jeff Booth

When you’re pricing #Bitcoin in a fiat contract that is being debased (slowly or quickly) you are thinking as a trader.

Ie - I’m going to trade my #Bitcoin (at some price) for a money that must be devalued further (at some point)

While you may win a short term on the “trade”, the truth is that #Bitcoin is repricing everything. (Just some things are holding their value better than others)

And picking up pennies in front of a steamroller is a pretty risky strategy in my humble opinion!!!

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Dug 2y ago

I’ve across some guy who provides an eloquent way of phrasing a solution to this fiat minded problem, “stay humble and stack sats” nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

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Jeff Booth 2y ago

😂 I too - have come across that eloquent guy and agree with him!

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Dug 2y ago

🤙

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