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>But otherwise you don't have an underlying asset to sustain the value. That's the biggest problem with Bitcoin, I think. Now, if I could purchase more goods
by owenmarshall 15y ago
>But otherwise you don't have an underlying asset to sustain the value.
That's the biggest problem with Bitcoin, I think.
Now, if I could purchase more goods and services with Bitcoins, this might mitigate the risk of using it. But as of now, not many retailers accept it.
As a result, the Bitcoin market is being driven solely by speculation.