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2024-09-27 17:11:35 UTC
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Hanshan on Nostr: frankly its ridiculous to talk about an asset as young as Bitcoin "holding value" ...

frankly its ridiculous to talk about an asset as young as Bitcoin "holding value"

what you're seeing is VC money and institutions speculating on a new asset class. which is the only reason bitcoin is priced as it is in fiat terms.

that isn't "holding value." that's speculative interest by fiat hodlers.