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The idea of speculative attack is very important.
But I suspect a lot of people that talk about it ... only talk about it but don't have the balls to do it
Although I don't have the right to pint fingers here since I currently don't have fiat debt either
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Any liability a Bitcoiner chooses not to pay down and to buy Bitcoin instead makes this Bitcoiner leveraged. Bitcoiners are speculative attackers.
Underacknowledged but very important point. Anyone with a mortgage or car payment buying bitcoin is effectively leveraging a speculative attack.
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