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How is bit coin not the ultimate fiat currency? To me it looks like another CDS type situation where a bunch of investors are rushing into something they don’t fully understand. The situation, like the currency, seem ripe for exploitation.
1 Bitcoin was $400 last Friday. It is currently $765 one week later. What and who is backing this electronic currency?
There’s a sucker born every minute.
[…] Bitcoin Or A Bank? Here’s How They Stack Up | NCRenegade. […]