Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's real value
by
pawel7777
on 25/08/2015, 11:37:57 UTC
Why?

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Quote
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But hopefully, not like the euro, bitcoin is an investment! not cash, not pocket money!

It is a Privilege, as in the privilege of securing your wealth from the banksters and bypass them!
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If you take away merchant acceptance and all the practical usage, that means you can only use/trade your 'investment' on centralised BTC/fiat exchanges, subjected to AML/KYC regulations and completely opened to the same (if not higher) risk as your fiat holdings.

And what would give your 'investment' the value if you slaughter huge % of demand and make BTC completely unattractive for any new people to join?