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That's exactly correct, because the purchasing power of Bitcoin has increased quite a bit.
Rather than, as you said: "It's not that Bitcoin price is rising, it's that the fiat shit is decreasing its purchasing power."
And you mean that fiat is stable? It isn't volatile?
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0 sats \ 1 reply \ @senf 10 Nov
In the short term, absolutely.
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It only shows how deep you're inti fiat. You're counting on the benifits of it. Don't you know what happened to Iranian Rial in the short term? I don't want you to remind all of Latin American Nations.
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