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Then i got my hands dirty. There's nothing wrong with free, but at the end of the day, everybody has to eat. But as good as bitcoin has been for investors in 2020, my blunt opinion is that it's a terrible investment. Bitcoin owners are getting rich because the cryptocurrency has soared. I don't understand it either.
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There is no government, company, or bank in. There are still people that argue against the concept of bitcoin, mostly in reaction to one of its. In late 2017, bitcoin peaked at $19,000 per bitcoin. Everything wrong with bitcoin : There is not wrong with.
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The current crypto market cycle vs previous crypto market cycles. I don't understand it either. What we got right and wrong about crypto in 2019 quartz / because both the value of the currency and the size of its economy started at zero in 2009, bitcoin is a counterexample to the theory showing that it must sometimes be wrong. Notwithstanding this, bitcoin is not designed to be a deflationary currency. In bitcoin (btc) in part 1 of this series we covered topics like the centralization of bitcoin mining in china, and whether quantum computing could eventually break the bitcoin network.
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In part 2 we'll consider government regulation, bitcoin's declining security budget and how bitcoin's transparent ledger could enable a two.
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