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There is nothing unique about Bitcoin's jump from any other asset price bubble other than possibly there is little leverage involved (30:1 leverage at investmen
by AJ007 13y ago
There is nothing unique about Bitcoin's jump from any other asset price bubble other than possibly there is little leverage involved (30:1 leverage at investment banks during 2008.)
I have nothing against Bitcoin. The concept of programmable currency is great. To use the word investment here is a mistake. Buying bitcoin for the purpose of holding is a speculation that the price will continue rising.