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Bit coin is a great concept, but a total fail as a currency. What can you buy with it, except a few hundred kilos of blow?
No currency has any real value. Its just what people deem it to be i.e. beads, shells, printed paper, metal. But at least those types of currency were actually used to buy stuff. Bitcoin is just traded as a pure speculation trade. Is pure hype at this point and only good for a momentum play. Good luck trying to actually buy something with this "currency".
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