RE: Why Cryptocurrencies will fail… eventually.

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Why Cryptocurrencies will fail… eventually.

in bitcoin •  7 years ago 

@swingsleuth What about coins that actually have utility, and aren't stores of wealth exactly? Like steem for example, iota, or Power Ledger? Substratum, Sia, etc... I'm sure there's more, but those are some off the top of my head.

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I wouldn't hazard a guess on individual cases. My argument is a general theme, and a reminder that governments tend to do whatever they please and do defend their turf.