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Re:Bitcoin hits 3-year peak, nears record high on U.S. ETF a... by dwaltrip on Thursday February 23, 2017 @10:56PM (#13720834)
A unit of Bitcoin is not replaceable with a unit of some random alternative cryptocurrency.

There is a huge barrier to switch. Bitcoin has common mindshare. Why would someone want to use an asset with far less mindshare?

The history of altcoins over the past 6 years supports these points.

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