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Is it just another kind of foreign currency, not controlled by German government. The reason why bitcoin is popular is that people believe governments and centr
by powerapple 7y ago
Is it just another kind of foreign currency, not controlled by German government. The reason why bitcoin is popular is that people believe governments and central banks cannot be trusted, and they are evil anyway.
I understand why the governments do this, because they fear losing control.
- w1nst0nsm1th 7y agoThat's for the theory. In practice, Bitcoin is popular because it allow you to speculate on an instrument easy to manipulate if you have enough funding and because it allows you to buy drugs on dark markets. Beside that, due to the volatity of Bitcoin, it has no practical use.