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@ vinney | opfn.co
2025-02-06 16:50:22
why is Bitcoin violatile? Because it's a machine that is capable of taking the uncensored, permissionless inputs, productivity, thoughts and feelings of every person on earth 24 hours a day. Those inputs go into the machine and their net result is the price moving.
the world is an uncertain place filled with billions of people each with their own thoughts, feelings and productive capacity. If you expect that complex system to come to anything like consensus in the near term, I'd like to hear your thesis.