Re:El Salvador abandons Bitcoin as legal tender after failed...
by notahacker on Tuesday February 04, 2025 @01:12PM
(#42936330)
Um... if the only legal tender around was an asset with fixed supply, people holding it wouldn't be willing to pay more, (or invest it in making more stuff) that's the whole point.
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Re:El Salvador abandons Bitcoin as legal tender after failed...
by robertlagrant on Wednesday February 05, 2025 @03:56AM
(#42945853)
But you see my point, right? I'm challenging the question of "why should someone buy that thing for more than the seller paid for it?" The answer is: because the new buyer is willing to pay that for it.