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July 2019

Don’t dismiss Bitcoin just because of its wild price swings

There are valid reasons to criticize Bitcoin, but price volatility is not one of them.  Why does the price of Bitcoin change so much from day to day? The answer is simple: the value of Bitcoin derives almost entirely from speculation on future adoption of Bitcoin rather than practical use. Bitcoin speculators

By David Veksler, 3 years ago July 6, 2019
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