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I don't think it takes a Nobel prize to realize that BitCoin, given its recent extreme volatility, currently makes for a poor medium of exchange.

EDIT: This article is actually from 2013. Around the time Bitcoin went from ~10 to ~1000 USD. I suppose the same was true at that time. Bitcoin was relatively stable hovering around ~500USD from 2014 to 2017.

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This reminds me of a quote it once read on a board. Someone claimed that his gold "became much much more". The other guy replied: "Lucky you. I checked mine. It did not become more at all, it is the same amount of gold that was there before. Only the dollar declined."

Friendly reminder, the c in bitcoin is not capitalized.

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