Better Economics
A censored website accused of political incorrectness
Thursday, August 13, 2020
High probability fiat nations will devalue
250 Million Reasons Why MicroStrategy Adopted Bitcoin... And Why Others Will Too
Including the USA. This company is swapping bitcoin for fiat.
But even without devaluation, that Fed tax is a high transaction costs for foreign dollar accounts that need to pay it and to pay monetary hedging costs.
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