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RE: Why STEEM Is Proving Fear Is Not Necessary: Leading the way Into A Peaceful War
They are likely to say what good is bitcoin being worth 1 million USD if it takes 1 million USD to buy a loaf of bread.
That kind of inflation would have been brought into being by the government/banks. People would have had to have lost faith in both, much like Venezuela today. And I’d guess that if a loaf of bread went for a million dollars, Bitcoin wouln’t also be a million. It would be at least several billion.