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Re: rpietila public diary
by
SlipperySlope
on 05/05/2013, 12:52:38 UTC
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Especially now, as I officially exhort people to sell 20% of their position, to repatriate double the amount of fiat they invested, and ride the freebies "for the longest time" until you develop a desire to buy a private island or a penthouse.

Evidently, bitcoin is easy to sell.

The wonder of it all - is that what Risto says above is absolutely true, depending solely upon the degree to which bitcoin replaces the legacy fiat/PM financial structure. The three year exponential growth of bitcoin suggests that it will take a substantial portion of online payment transactions. And Risto could share rosy statistics about the growth of bitcoin as as store of value - achieving what I imagine to be a growing share of the market formerly served only by precious metals.