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If you hold either US dollars or Bitcoin, then you’re a little poorer this morning than when you went to bed last night. It doesn’t matter whether there’s cash in your pocket or sats in your wallet; both have less purchasing power today than they did yesterday.
That’s because Bitcoin is down, the dollar is down too, but the feeling isn’t quite the same. That quiet little subtraction before you have even had coffee usually doesn’t take the value of the dollar itself into account, unless you live outside…
