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Henry Dunning MacLeod

170 days ago

The Bitcoin Treasury bubble in London, Gresham's Law, MicroStrategy and the madness continues

Bulls of Bitcoin tell you that with countries debasing their Fiat currencies by running continually running budget deficits that Bitcoin will appreciate in value because unlike Fiat currencies, Bitcoin it has a finite supply. And thus you must own bitcoin in treasury stocks but I just flag up a couple more inconvenient truths

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