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A comment on Nouriel Roubini: Bitcoin is not a hedge against tail risk. Parent comment
But the economist in OP is essentially ignoring where bitcoin actually get's it's value from and only focusing on it's electrical consumption.
Bitcoin means different things to different people. But many see it as the single best hedge against modern monetary policy.
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But the economist in OP is essentially ignoring where bitcoin actually get's it's value from and only focusing on it's electrical consumption.
Bitcoin means different things to different people. But many see it as the single best hedge against modern monetary policy.