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> Bitcoin is an asset -- "always represent more value" is another way of saying "increase in value". What's the thesis here -- Bitcoin will decrease in value because it will increase in value? I think you'd do well to take a moment to digest what your argument is.

Where am I saying that bitcoin will decrease in value? Bitcoin is a deflationary currency, not an inflationary one.

If bitcoin was the only game in town, it would always (disregarding short-term cycles) increase in value, because the economy is growing.



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