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People to be able to hold their Bitcoins regarding spend them. Imagine that. People want preserve. Admittedly, volatility makes future predictions difficult, which makes commerce expensive. But here’s the thing, people who understand monetary policy discover a method to prefer a volatile currency to an inflationary transaction.
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JK: Do not think think consumers are hedging contrary to the euro with Bitcoin. The crisis brought a lot more attention and exposure to Bitcoin. People found out about Bitcoin because of your euro crisis, but we are really not flooded by people from Cyprus trying to get bitcoins, so it will be not a principal correlation.
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