Why Bitcoin Will Never Be a Currency—in 2 Charts - The ...

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As you can see in the chart below, via Bitcoin Charts, the virtual currency hit an intraday high of $266 on Wednesday, promptly collapsed to $105, rebounded to $180, and then collapsed again to $120. Meanwhile, another dear reader sent us this opinion from Matthew O'Brien at The Atlantic: "Bitcoin is a Ponzi scheme libertarians use to make money off each other – because gold wasn't enough of one for them." Password requirements: 6 to 30 characters long; ASCII characters only (characters found on a standard US keyboard); must contain at least 4 different symbols; 22 Nov 2013 / Washington Post – The Atlantic’s Matthew O’Brien is one of the Internet’s smartest commentators on economic policy. But like a lot of economics writers, he’s been slow to appreciate the disruptive potential of Bitcoin, the Internet’s first completely open payment network. Matthew O’Brien of The Atlantic argues that because of Bitcoin’s fixed ceiling, it has a deflationary bias. As the amount of things Bitcoins can be used to buy increases, the value of each coin also increases. Each coin should be able to buy more goods in the future than it can today, the opposite of how currencies usually work. So why spend it now when you can use it buy much more at a ...

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Geometrie: Wintersemester 2015. "Over the Hills and Far Away" - British Trad. Folk Tune - Arr. and performed by John Tams - Duration: 3:48. AntPDC Recommended for you In this video we take a look at the Enron story. At over $60 billion being scammed away from the public, they were the biggest fraud in history. Yes, even bi... New York City Event ! Packed Out with 200 people outside waiting to get in but can't! Special Guest Speaker Chairman 500 Matthew Rosa IG: @itsmattrosa Lives are being changed all over the world ... TFNN airs live trading news and education every trading day, 9am - 5pm EST Monday through Friday at https://www.youtube.com/user/tfnncorp/live Join the hosts... Subscribe http://goo.gl/WPKt5w Even though we’ve been living on this planet for thousands of years, we’re still a long way from discovering everything abou...

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