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RE: Why Bitcoin will fail (and it's not because of what they say in the mainstream media) by drewkin

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· @drewkin ·
It's that until Bitcoin is widely accepted, it could be replaced by another technology. If nobody is spending their BTC, it's hard for it to become widely used. Right now the price is, IMO based on speculation, so if one day it is superseded, then the price will crash quickly.
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