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In response to:

A Bubble or a Bitcoin?

Anonymous2512 Wrote: Apr 11, 2013 10:34 PM
A few clarifications: 1. I did mean it when I said that you're smart. You just overlooked this one. It happens to the best of us. Sure, Bitcoin may collapse like it did yesterday and become worthless. But that is up to consumers and it is based on the free market. If Bitcoin is more useful or if you think it will hold its value better than traditional currency, buy Bitcoins. If you think it's garbage, don't, just as I wouldn't expect you'd buy carbon credits (neither would I since it's based on a scam, global warming/climate change/global climate disruption) And no, I am not a supporter of Anonymous, just a conservative who believes in the free market (which includes currency).
In response to:

A Bubble or a Bitcoin?

Anonymous2512 Wrote: Apr 11, 2013 10:24 PM
Earth to Ransom: paper currency is better than digital currency why? In case you haven't checked, our currency has largely transitioned to the digital world anyway. Currency is worth whatever individual buyers and sellers determine it to be worth, as measured typically with exchange rates that average the agreed upon rate of a large number of transactions. Given that you're a smart guy, I thought you knew that... As Americans and Europeans lose confidence in their currency (which is constantly being devalued by governments that can't control their spending), they will (actually they already are) looking for other currencies (hence the popularity of gold). Bitcoin is no exception. Get on the gravy train before it leaves the station.
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