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Seems like the European Central Banks (like any other central bank) is not very fond of Bitcoin. I wonder why that is? Wasn't bitcoin supposed to be their CBDC - their stated goal? Anti-bitcoin shills, what's your rationalization? (www.ecb.europa.eu)
posted 15 hours ago by SmithW1984 15 hours ago by SmithW1984 +5 / -0
What is bitcoin?
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
www.ecb.europa.eu
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– MindlessRationality 2 points 8 hours ago +2 / -0

You are measuring it in fiat................you dont believe in bitcoin....you just think its a speculative investment that exists in the fiat reference universe.....

How much is a loaf of bread in bitcoin? Like not today....but say a year out....what would you buy loaves of bread at in actual bitcoin (how many sats)

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– SmithW1984 [S] 1 point 5 minutes ago +1 / -0

You're really desperate. What should I measure it in? Fiat is the status quo currency of the world. Using a unit of measurement that everyone uses is practical. It doesn't follow that I believe that unit is good.

When I say it will surpass 200k I mean today's money so that's a conservative prediction. If we account inflation and prices going up it could be way more. I can tell you that you'd be able to buy way more loaves in a year from now with the same amount of bitcoin if you prefer it as measurement. Bitcoin will rise in value not just because fiat will be devalued.

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