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Hyperbitcoinization is far more dangerous for national currencies as a form of demonetization than hyperinflation.

Hyperbitcoinization is far more dangerous for national currencies as a form of demonetization than hyperinflation.



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  1. Did anyone else get the sense toward the end of Michael Saylor’s interview with Tucker Carlson that Saylor was trying to assuage concerns of undermining the dollar by continuing to assert that bitcoin isn’t a currency, just an asset?

    Maybe he really believes that, but either way, his concept of a world where the dollar is the primary day-to-day currency (for virtually the entire developed world), but bitcoin is the stable underlying asset that represents the store of value and protection against inflation is an interesting one.

  2. tldr; The term hyperbitcoinization is used to describe a world economy where Bitcoin is accepted as a legal tender worldwide while all fiat currencies have become devalued and replaced by digital coin. The process of demonetization usually involves withdrawing from circulation and replacing a country’s currency notes and coins with new ones. It would happen to any country that mismanages its national currency.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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