[ExI] [mta] Re: Bitcion Moore's Law?

[Gordon]

Getting back to my original point, before all this mumbo jumbo about a supposed Moore's Law for gold supply or demand:

Perhaps it's only a coincidence, but since about mid-June, bitcoin has traded like a genuine gold-backed currency, which is more or less what it is designed simulate. 

All other things being equal, when the dollar declines in value, it takes more of them to buy an ounce of gold. Bitcoin declined when the dollar rallied and rallied when the dollar declined. 

Gordon
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