Patrick Tan
1 min readOct 24, 2018

Thanks for taking the time to read my article and respond.

Deflationary in and of itself as a store of value and as an asset class is one of the attractions of Bitcoin, but as a vehicle for the exchange of value, it may not be ideal — which is why there are other cryptocurrencies.

Greece is not a perfect analogy. With access to cheap credit, it’s debt-fueled binge has little to do with the euro — a currency it should never have had access to. But that’s a story for another day.

Thank you for your thoughts on this matter.

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Patrick Tan
Patrick Tan

Written by Patrick Tan

General Counsel for ChainArgos, the blockchain intelligence firm made famous for breaking the story that BUSD was unbacked by US$1.4bn

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