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 

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 by

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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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