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A comment on MicroStrategy's Bitcoin Debt Bet. Parent comment
Thinking of the price of Bitcoin is a fairly irrelevant endeavour.
Thinking how much BTC it costs to buy one USD (not hard money by a huge margin) over time is a much more productive way of looking at it.
(yes, I've heard of f(x)=1/x I'm talking about a psychological stance here)
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Thinking of the price of Bitcoin is a fairly irrelevant endeavour.
Thinking how much BTC it costs to buy one USD (not hard money by a huge margin) over time is a much more productive way of looking at it.
(yes, I've heard of f(x)=1/x I'm talking about a psychological stance here)