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To: MeganC
I don’t have any Bitcoin, just saying that it’s less prone to debasement than is the dollar.

Bitcoin as a commodity it is a pure speculative play. I am not thrilled either with the state of our financial system (i.e $19T debt), but relying on bitcoin as your means of currency tender is rife with danger.

22 posted on 02/19/2016 12:26:46 PM PST by catfish1957 (I display the Confederate Battle Flag with pride in honor of my brave ancestors who fought w/ valor)
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To: catfish1957

Bitcoin went from 1200 to about 400 in 2 years.. sounds like a good investment to me </sarcasm>

Seriously, speculate all you want with Bitcoin, but don’t delude yourself into thinking its a safe play.


25 posted on 02/19/2016 12:30:59 PM PST by HamiltonJay
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To: catfish1957

Bitcoin is simply a decentralized electronic currency.

Euros and dollars are centralized electronic currencies.

And everything in life is a function of acceptable risk. For some people the benefits of Bitcoin outweigh the risks.

For you they don’t.

C’est la vie et vive la difference!


28 posted on 02/19/2016 12:33:05 PM PST by MeganC (The Republic of The United States of America: 7/4/1776 to 6/26/2015 R.I.P.)
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