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A comment on How to Destroy Bitcoin. Parent comment

Re:How to Destroy Bitcoin by deregulateMed on Tuesday July 13, 2021 @03:40PM (#27825325)
USD is used for all the problems you mentioned.

But at least Bitcoin didn't go through a 5.4% inflation this year.

I'm sure people in Zimbabwe would rather try their luck with digital gold than trusting another government with another printable currency.

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Re:How to Destroy Bitcoin by jsnell on Tuesday July 13, 2021 @04:01PM (#27825590)
The average Zimbabwean earns on the order of USD 100/month. It should be pretty obvious they would have no utility for a "currency" where the transaction fee peaked at USD 63 this year.
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Re:How to Destroy Bitcoin by deregulateMed on Tuesday July 13, 2021 @05:18PM (#27826449)
I use Bitcoin and there is 0 transaction fee.

I keep spending money in layer 2.

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Re:How to Destroy Bitcoin by shawnb576 on Tuesday July 13, 2021 @10:51PM (#27829066)
Right it didn’t go down 5.4% it went down 50.

Inflation is a measure of buying power. The buying power of Bitcoin went down 30% in A DAY not long ago. Because of a tweet.

I’ll take the USD, thanks.

Also, how do you know what people of Zimbabwe think?

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Re:How to Destroy Bitcoin by deregulateMed on Tuesday July 13, 2021 @11:50PM (#27829512)
DCA. Don't go all-in at all time highs.

I don't even invest in stocks like that.

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