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RE: Bitcoin, Cryptocurrency, Blockchain Update

in #bitcoin6 years ago

I think that the use of the gold and or silver with a cryptocurrency will be the winner. Cryptocurrency as they are today I think are not much different then fiat currency and I do not have faith in them for the long run.

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When gold backing fiat was removed was the beginning of the big downhill slide IMHO.

Personally I am not too sure gold or silver needs to back crypto, development into technology backing specific uses may be a good resolution to make crypto stable.

Watching bull/bear markets in metals is very much up and down like Bitcoin and crypto's.

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