Bitcoin soars to a new high as the futures markets push potential to BTC $20,000.pic.twitter.com/dJiZJ2ITTf
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Dave has a point, but ... (Ratty always gives Dave a but!) ... if bitcoin, despite its deficiencies, becomes the established crypto currency it will be harder to supersede than a transient video technology. 'Money' has a huge flywheel effect that resists change
For it to survive the end of the mining subsidy it has to have real utility though. It’s not anonymous enough for the black economy, so it will have to perform some function in the real economy and it’s not functional enough
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