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@shiri @pluralistic @funcrunch @kcoyle @rvkennedy @immibis

🧵> The speculators -- people who buy gold with the intent of selling it later (as investment, "store of value", "hedge", contraband, etc) -- will affect the price, up or down, depending on whether they are net buyers or net sellers -- which can turn on a dime. But they alone cannot make something have lasting value, if there are no consumers. Which is the case of #Bitcoin💩...