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My bitcoin is worth 550K.....

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  • Originally posted by Cflgridiron View Post

    Blockchain the technology behind cryptocurency is expected to be huge. There are a number of companies getting involved in blockchain.

    Bitcoins do have value and are created by doing work. The main issue I see right now is the value is at a level where theft is an issue. It is also a big risk as I expect the value to go way down due to people cashing out.

    Just one example of a blockchain use case

    https://www.debeersgroup.com/en/news...aceabilit.html
    Since they are divisible, the value shouldn't be such an issue. The issue is some people may have too many.

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    • Good explanation on the utility of Blockchain

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      • Originally posted by green View Post
        Good explanation on the utility of Blockchain
        I don't think you linked a specific tweet.

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          • Originally posted by ROFLMAO View Post

            I don't think you linked a specific tweet.
            I'm terrible at this

            http://www.goldmansachs.com/our-thin...&sf178050963=1

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