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Someone moved $1 billion of Bitcoin last week and paid a $1.75 transaction fee.
Yet some people will still say it’s worthless as they wait for their bank to open on Monday just so they can pay $30 to transfer $5,000 that won’t get there for a day or two.
Disruption is coming.
On things that get cheaper and things that get more expensive...
Blue: Free market forces
Red: Subject to government regulatory intervention
Overall Inflation is 54.6% -> i.e. CPI is a BS measure of inflation, and it's what economists use to determine monetary policy.
“Those who hold crypto know that volatility is a given,” @julian_sawyer commented on the recent trends.
“I believe digital assets will be the next frontier for value. To some, BTC’s price drop is an opportunity to invest, for others, a time to hold on.”
https://t.co/IPJIoDAogj