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Comment by ninkendo

4 years ago

> In a world where BTC is valued at 1M USD/coin you’d also expect a decent amount of day to day usage.

Citation needed.

(I don’t see why this should be true at all. If anything I’d intuitively think the opposite: If gold were $1MM/oz I don’t think people would be using it to buy groceries… Unless you’re directly talking about hyperinflation where $1MM isn’t worth a loaf of bread any more.)