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A comment on Bitcoin heading towards $200, new bubble forming. Parent comment

Re:Bitcoin heading towards $200, new bubble forming by jbooth on Saturday October 19, 2013 @11:18AM (#6576666)
So, less spending = less GDP, right?
[ Parent | on HN ]
Re:Bitcoin heading towards $200, new bubble forming by snitko on Saturday October 19, 2013 @11:33AM (#6576724)
It could be. If someone spends money digging holes, it adds to the GDP, but is it good? Hardly so, because no one else profits from it and no additional value is created. The money are wasted, but it looks good on the paper. So why is GDP so important?
[ Parent | on HN ]