Assume the end state of total Bitcoin adoption and no fiat. How is value growth achieved in say a stock when any BTC going into it also devalues the BTC itself, which the stock is valued in. What?!
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"BTC going into a stock" just means that an exchange took place. One guy exchanged units of stock for another guy's BTC. Stocks can increase in value if investors think it is doing well as a bussiness. Then they are willing to buy for higher price.