Bitcoin Is the Segway of Currency - The Atlantic

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Matthew O'Brien. The Atlantic. November 21, 2013 . Reblog. Share. Tweet. Share. View photos. We were promised jetpacks. We got Segways instead. Well, we didn't get Segways. Nobody did. At least ... That won’t sway The Atlantic writer’s mind. O’Brien believes “Bitcoin… has deeper problems. Its product doesn’t work.” However, Washington has had a dog in the Bitcoin fight ,since ... The increasing price of Bitcoin will increase demand for Bitcoin -- it's a speculative bubble -- just as hoarding is reducing supply. In other words, prices will go vertical. Partying Like It's ... It's almost as if Bitcoin doesn't have a single price at any one time, but rather a range of possible prices that depend on the observer. Note: the red dots show each day's closing price, and the ... “Bitcoin isn’t a currency. It’s a commodity,” writes Matthew O’Brien of the Atlantic, arguing that without the control of a central bank, “it’s a speculative bubble.” While it’s ...

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The Bitgoldmine Review Make Money Through Bitcoin Cloud Mining

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