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Bitcoin could be financially quite useful because of the liquidity and fixed supply. A single global currency that can't be manipulated or inflated would be wonderful. It would give us a way to store wealth that isn't the securities market [or art or land], which would make the securities market [and art and land] much more rational.

If bitcoin gets there, of course, it's many years away.

Of course you are right that Chainalysis isn't ruining bitcoin per se. It was intentional hyperbole on my part.




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