If instead of smugly telling people how dumb they were for buying bitcoins over the last couple years, I had actually bought some myself, I'd be rich.
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True, but that's a different matter. Of course you can make big bucks as long as it lasts. Which may be a while.
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The answer is no. Bitcoin is destined for the economics hall of fame and not in a good way.
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Bitcoin helps you launder money and buy things in the black market
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I agree. But OTOH money is valuable only because everyone agrees it's valuable. If everyone buys into Bitcoin, then Bitcoin is money. And it's valuable because... just because! Goldbugs await the fiat collapse. But why's gold valuable? Because! Just because!
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Particularly the black tulips
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Somewhere I've seen them referred to as "Dunning-Krugerrands."
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Tulips can also be eaten, if you are desperate.
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Bitcoin is just energy, in its most theoretical form. A total scam.
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I thought you would have been interested in sound money that doesn't cause untold suffering through credit bubbles, housing bubbles, and bankster fraud.
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