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RE: The Inconvenient Truth About Bitcoin

in #money7 years ago (edited)

Finally, some skepticism. It's refreshing. I guess since currency is a social construction and given value to by humans, then that value is more based on perception and psychology than on its actual economic usefulness. The same way that the US dollar of today is worth $0.04 of a 1913 dollar but it's still the global reserve currency.

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There is too much greed and paranoia in the crypto space... most people pushing it don't understand the fundamental properties of money.

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