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This article talks in more detail about that: http://www.bzarg.com/p/what-bitcoin-shows-us-about-how-money-works/ http://www.bzarg.com/p/what-bitcoin-shows-us-about-how-money... Bitcoin is a bad currency because it doesn't count value consistently. And it never could, because there is no central bank to regulate supply to balance an inevitably fluctuating demand.