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Bitcoin: Symptom or Solution?

Investment at its most basic is just deferred consumption. Like other financial assets, Bitcoin requires market participants to defer their consumption today by investing in something they believe will allow for additional consumption in the future. This is the implicit idea behind almost every investment. Why would anyone invest if they weren't expecting their wealth to grow as a by-product of making that investment?

By |2021-09-13T08:59:05+00:00July 17th, 2021|News|Comments Off on Bitcoin: Symptom or Solution?
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