Why competition? This isn’t a zero sum game. | Hacker News

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		garmaine on May 5, 2018 \| parent \| context \| favorite \| on: Former top official says Fed should ‘Maybe’ create... Why competition? This isn’t a zero sum game.

21 on May 5, 2018 [–]

It is. You either store value in dollars, euros, gold, real estate, art or bitcoin.

You can't "dobule spend" the same value.

garmaine on May 7, 2018 | [–]

The market cap of bitcoin going up does not make the market cap of gold, usd, or real estate go down. Total aggregate wealth is not zero/fixed sum.

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