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Originally Posted by afc wimbledon
Yes that's the problem with this whole conversation, is bitcoin a currency or an investment as historically it cant be both, if its a currency it needs to be stable predictable and safe unless its only use in the world is to do black market deals where losing money on the transfer isnt as important as avoiding government scrutiny
If its an investment then why, other than hope/market hype, does it go up and down?
I have yet to have it explained to me as to why bitcoin is of any better use than the dollar or Euro to anyone other than a drug dealer, how could you possibly use bit coin in a 3 month escrow account for a house purchase or the like?
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Len T Wong facilitates crypto real estate purchases and most likely isn't the only local realtor doing so.
A better question might be what CANT you buy with crypto? This is the focus in this space and people are racing to make it happen where it does not yet exist.
Further, would you be of the opinion that central bank policies like QE infinity is a better or even sustainable currency plan than a currency limit of some sort?
Bitcoin can be both an investment and a currency, they are not mutually exclusive.
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