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Crypto currency is flunking the test of being a store of value

By: Cactus Flower in ALEA | Recommend this post (0)
Wed, 15 Jun 22 11:07 AM | 30 view(s)
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Msg. 46102 of 54959
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It's failing the way many economists said it would. Without the backing of a government, it lacks any kind of guarantee that its value will survive panics.

I'd rather have the full faith and credit of a government instead of an algorithm.


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