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Yes it is. A falling dollar encourages people to start businesses rather than stuffing their cash under the mattress.


Business is driven by investment and investment is driven by savings, and a falling dollar hurts savers.


Investment by the current banking industry may well be driven/enabled in part by the deposits they have on the books.

Keeping BTC in a wallet is very much more like just stuffing dollars in a shoebox, the money is dead and removed from the system. It's not driving anything.


> Investment by the current banking industry may well be driven/enabled in part by the deposits they have on the books.

No, banking hasn't worked this way for a long, long time.


Then you agree that savings (especially BTC savings, which are effectively dead cash) are irrelevant to investment. Awesome.




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