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The thinking probably goes "eventually, enough people will either want their money back or a positive ROI on their investment that they'll pull out of crypto and the price will stabilize around people who actually intend to use it". I personally don't think this is necessarily the case in the current economic environment of ridiculously low interest rates.


People who actually intend to use BTC for making transactions don't actually care whether the BTC/USD exchange rate is $0.02, or $20,000. All the goods they buy are denominated in USD.

What they want is stability in the exchange rate.




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