Because Bitcoin is far too volatile to ever be used as a currency – why would you spend it if you think it'll increase in value later on? – it can exist only as a pump-and-dump scheme for gullible investors who want to get rich without doing any work.
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Replying to @GravelInstitute
Well this doesn't make me excited or happy 😠 I'm now going to choose to ignore everything you just showed me
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Replying to @GravelInstitute
now do the stock market.
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Replying to @GravelInstitute
Did some news hit about Bitcoin today? My sister was asking about it and now you’re tweeting about it I feel like I missed something.
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Nah the central bankers are just getting scared since bitcoin is now legal tender so they pay their minions to spread fud
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Replying to @GravelInstitute
Crypto Bro: The US dollar is bound to collapse! Bitcoin is the future! Also Crypto Bro: My Bitcoin is worth X amount of dollars! How rich! (only if he cashes out of course) So the "currency of the future" is tied to the value of the US dollar that is headed for collapse? 🤷🏻‍♂️
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The value of the dollar has declined by 90% in the past hundred years, with that being said Bitcoin is *not* the future, but a hedge against inflation.
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Replying to @GravelInstitute
That video is very wrong, and chocked full of fallacies. I expected more from you guys.
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Got any sources for that claim?
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