RE: Why Bitcoin Might Be A Bad Economic Model Afterall

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Why Bitcoin Might Be A Bad Economic Model Afterall

in bitcoin •  7 years ago 

It is still less centralized than the US$.
But they do not print about any of the richest people.
If they did, Bill Gates might not even make the top 100 list.

bitcoin
7 years ago by

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      ·  7 years ago 

    Not at all, Bitcoin is far more centralized. I believe 1000 people own like 80% or more of the wealth.

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        ·  7 years ago 

      Unless governments started enforcing the use of bitcoin then the rest of the people would have used something else as currency thus bypassing bitcoin.Bitcoin is intrinsically worthless by itself.Its value is given by the demand and suppliers.Anyway i still believe some sort of Crypto is the future of currency but i highly doubt that it will be bitcoin.

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