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RE: The r0ach report vol 7: Bitcoin is not an actual store of value because there is no real price floor or inelastic demand
What does this mean?
people would not start selling the newly mined gold and silver for free for the same reason people don't cut down every tree on earth simultaneously
It was kind of a reference to the fact that people tend not to run tragedy of the commons to max throttle where it causes everyone to instantly die and it's more of a long drawn out process of waste.