Again, it’s not liquid like money but like a commodity, it’s insufficient in supply to function as money, and has transaction costs too high for money. It’s not money.
Furthermore, why do money-holders have a right to appreciation of holdings?
Source date (UTC): 2020-05-03 17:22:55 UTC
Original post: https://twitter.com/i/web/status/1256997681710477313
Reply addressees: @twaitiblog @pennington_max @MacleodFinance
Replying to: https://twitter.com/i/web/status/1256754969488658432
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