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nupe 1 week ago
Bitcoin is money. If you can buy 1 church today but 10 churches tomorrow with the same amount of bitcoin, was not holding bitcoin the engine of that profit? Or was it a church price depression? How do we define profit?

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The terminology "profit" is loaded, meaning a "rise in price or rents and dividends as measured in money." To say you are "taking profits" from bitcoin is to deny that it is money. The most intelligent person on the planet should know this unless he sees bitcoin merely as an investment unto itself. My choice of words, and word choice is important, would have been "I am chosing to purchase Churches at this bitcoin exchange rate because I value the churches now more than the bitcoin later under these conditions."