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"Why did gold go up? Because people took physical delivery. What’s bitcoin really good at? Physical delivery"

Bitcoin Reddit

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"Why did gold go up? Because people took physical delivery. Whatโ€™s bitcoin really good at? Physical delivery"

James Check aka Checkmatey makes a great point here, that when investors demand physical delivery it is a forcing function for price to be accurately reflected in the market, whether it's gold or bitcoin. The more people who buy bitcoin and remove it from exchanges, the better.

submitted by /u/21Bullish
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