This happens because as #bitcoin increases in value it buys you more time More time = more freedom to do the things that make you happy Which makes that shiny new pair of trainers look a lot less appealing Better to be bare foot on the beach anyway.... ๐Ÿ‘ image

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I think you forgot the rest of this graph. The long term price of Bitcoin is a sigmoid curve, not exponential, therefore the desire to buy things with Bitcoin rises to match the curve as fiat dies because no other medium of exchange will exist.
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