Bitcoin / Bitcoins / Crypto Currency

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rodabod

Sorry if it's a re-post, but thought it might be worthwhile reading:

https://www.forbes.com/sites/jayadkisson/2017/12/28/the-great-bitcoin-scam/#4662530b5c1e

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Stonehedge in reply to @rodabod

I'm not sure I follow what he is getting at in that article. There are many flaws with bitcoin but the fact that numbers are infinite is utterly irrelevant.

In any case, his $1 example is rather pointless seeing as the US is currently printing more dollars.

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rodabod in reply to @Stonehedge

I think what he’s getting at is that supply of different currency vendors increases. Which undeniably will affect currency values from different vendors. For an individual currency, printing more notes or “numbers” if you want to call it that causes hyperinflation.

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