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0 pointsinfinite8s8y ago0 comments

When people start saying the rules of economics don't apply this time, that's usually a good sign of a bubble.

0 pointsinfinite8s8y ago0 comments

When people start saying the rules of economics don't apply this time, that's usually a good sign of a bubble.

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5 comments · 2 top-level

adamnemecek8y ago· 2 in thread

It's not tho. What would you say was the economic system even comparable with Bitcoin?

Huh? Bitcoin is a finite resource. There's lots of examples of finite resources (land, for example).

Is land used as currency?

paulgb8y ago· 1 in thread

"The price of Bitcoin is solid, there's a mathematically guaranteed finite supply" - 2017

"The price of land is solid, they aren't making more of it" - 2007

Land has inherent utility, Bitcoin has inherent costs, notably energy.

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