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Old 04-12-2013, 10:54 AM   #511
Scooby Newbie
Member#: 93830
Join Date: Aug 2005
Chapter/Region: South East
Location: Flori:derp:
'06 Silverado
'19 STI


The problem is the Bitcoin has no physical form. If the bank crashes and steals all of your 1s and 0s, then your physical dollar buck still retains some sort of value (given the value of the dollar overall hasn't tanked).

I think the volatility of Bitcoin will be its demise. OVerall, it's nothing more than an ultra-risky stock except you don't get any sort of certificate of ownership and if your wallet file gets corrupted then you lose everything. It's impractical.
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