So that with the bitcoin fanatics I find meanwhile also quite bad, everyone can invest in what he wants but that you do not have to rub everyone under the nose and assume that all others go the wrong way because that none of us knows. Super contribution also in relation to the concede of the think that most have that the bitcoin could replace a fiat currency. I think the biggest problem with this is that 1. the state would never allow this and 2. the economy cannot continue to grow steadily due to limited liquid assets considering that not even close to all working people participate or cannot participate in the global economy.
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@Daniele5991 thank you. A Bitcoin as a reserve currency or real currency would just keep rising in price, along with the economic performance (can fortunately also be subdivided). Would be in principle a return to the gold standard, only without gold.
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•@DonkeyInvestor Of course, but it was also abolished at that time to limit deflation and to finance wars. A currency must also have a certain circulation speed so that the market can continue to function and not when all bitcoin are spent at 2/3 or 1/3 remains and can no longer circulate. The economy must continue to grow steadily so that even the poorest countries can hopefully have the same "standard" as we do. Have recently heard a podcast on the digital euro from an employee of the ECB, whose reason for the creation of the digital euro (which has not yet been started) is that if too many people or companies hoard their cash the market can no longer function because the circulation rate decreases and you have to print money again that the market is functioning again. Therefore, they probably want to bring it to the market at some point so that it can function properly again (but only as a supplement to the existing fiat system). Whether that is true or not I leave now times outside, do not know what to think about it. 😂
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•@Daniele5991 this makes for delightful discussions with Bitcoin Maxis who hold the view that the gold or Bitcoin standard is the key to economic growth and prosperity for all. I can take both sides and prefer to watch the spectacle with 🍿 from the sidelines 😁
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•@DonkeyInvestor well I've been quite convinced by Kostolany who has also super described in his book, at first I also thought it would be better for us to have covered currencies but that just brings stability of the currency and hardly inflation but more also not 🙈gives just other aspects that must have a currency to ensure a market function 😅 in principle I'm there also like you, I really do not care much think you just have to know how you can make your own way in a system no matter in what system.
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